LORIS, SC (WMBF) – The town of Loris misused $1.3 million from its hospitality tax fund.
The fund’s intended use was for tourism-related purchases, according to audit findings presented to Town Council.
Findings show the money was used for more than tourism-related purchases.
Auditor reads findings to council
Auditor Marc Wood, a partner at Sheheen, Hancock & Godwin, LLP, stood in front of Town Council and read his findings. Wood said these payments are not allowed out of the hospitality tax account…