Fountain Inn Business and Civic Alliance

Fountain Inn Business and Civic Alliance Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Fountain Inn Business and Civic Alliance, Nonprofit Organization, Fountain Inn, SC.

- Promote common business interests
- Advocate for local governance that supports small business, fiscal responsibility, and traditional community values
- Provide education and resources to the public on local government policies and transparency

It’s budget time in Fountain Inn.Let’s take a look at how last year’s budget was approved.The City went through the full...
04/14/2026

It’s budget time in Fountain Inn.
Let’s take a look at how last year’s budget was approved.

The City went through the full process:
• Budget retreat
• Workshops
• Public readings

The proposed budget included a “Year-to-Date” column based on 9 months of actual data.

After errors and inconsistencies were identified by a concerned taxpayer, before final approval, a special meeting was called before the June 30 deadline.

Instead of correcting the issues, the YTD data was removed, and the budget was passed unanimously.

Special meeting where the budget was passed (start at 5:55):
https://www.youtube.com/live/JHl1k_QUgU8?si=c6fae7_wXstObN7b&t=355

We now have monthly financial updates through February 2026, and not surprisingly, actual results are already diverging from those projections.

Over the coming weeks, we’ll walk through the City of Fountain Inn’s financial position and direction in simple, understandable terms.

Audited financials (July 2024 – June 2025):
https://www.fountaininn.org/.../City-of-Fountain-Inn-ACFR

Please share, comment, and follow for updates.

$14.5MM in current debt with another $7.15MM to be added this Thursday. The SC Constitution limits General Obligation de...
04/07/2026

$14.5MM in current debt with another $7.15MM to be added this Thursday. The SC Constitution limits General Obligation debt (paid for by our taxes) to 8% of our assessed property value, which is $6.1MM. Revenue bonds are supposed to fund projects that generate the revenue to fully pay for the debt (like existing Gas and Sewer bonds.)

Unfortunately, the City has loaded up on $13.3MM of Installment Purchase Revenue Bonds (IPRBs) that do not generate revenue to cover their payments, which is ultimately funded by other debt, property tax, and gas/sewer/hospitality transfers, while avoiding referendum votes by residents, paying additional interest to banks instead of bond investors, paying excessive commissions and fees, and is not subject to any limit.

Thankfully, the SC Senate in Columbia is looking into the practice in Bill S. 0891, introduced Feb 4, 2026.https://www.scstatehouse.gov/sess126_2025-2026/fiscalimpactstatements/S0891%202026-03-31%20updated.pdf

Over the coming weeks, we will be reviewing the City of Fountain Inn's financial position and direction to increase public awareness.
Please share, comment, and follow our page to make sure you don't miss a single highlight.

The audited financials from July 2024 to June 2025 have recently been made public here:
https://www.fountaininn.org/DocumentCenter/View/3127/City-of-Fountain-Inn-ACFR-63025

When transfers are pushed to the limit and new debt is needed annually for general expenses, it is only a matter of time...
04/02/2026

When transfers are pushed to the limit and new debt is needed annually for general expenses, it is only a matter of time and interest before drastic cuts to services and/or employment are required.

Over the coming weeks, we will be reviewing the City of Fountain Inn's financial position and direction to increase public awareness.

Please share, comment, and follow our page to make sure you don't miss a single highlight.

The audited financials from July 2024 to June 2025 have recently been made public here:
https://www.fountaininn.org/DocumentCenter/View/3127/City-of-Fountain-Inn-ACFR-63025

What is the purpose of a policy regarding the unassigned General Fund balance?According to the Government Finance Office...
03/30/2026

What is the purpose of a policy regarding the unassigned General Fund balance?

According to the Government Finance Officers Association, this fund balance is maintained to protect against revenue shortfalls, emergencies, unexpected expenditures, and to ensure stable tax rates. Most governments adopt 20-25% for stability.

Over the coming weeks, we will be reviewing the City of Fountain Inn's financial position and direction to increase public awareness. Please share, comment, and follow our page to make sure you don't miss a single highlight.

The audited financials from July 2024 to June 2025 have recently been made public here:
https://www.fountaininn.org/DocumentCenter/View/3127/City-of-Fountain-Inn-ACFR-63025

What family expenses should pay for City costs?Over the coming weeks, we will be reviewing the City of Fountain Inn's fi...
03/26/2026

What family expenses should pay for City costs?

Over the coming weeks, we will be reviewing the City of Fountain Inn's financial position and direction to increase public awareness. Please share, comment, and follow our page to make sure you don't miss a single highlight.

The audited financials from July 2024 to June 2025 have recently been made public here:

https://www.fountaininn.org/DocumentCenter/View/3127/City-of-Fountain-Inn-ACFR-63025?fbclid=IwZXh0bgNhZW0CMTAAYnJpZBExU2FRVkF2NzZlMkQ4SjZuYnNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR4ndQCu7qjOiB05OPJ4s5dzHuDteKuoW3tImdoTF4HK8XOpHFa_09IqvfUKfA_aem_yZ_qe45j1r4pF-jcJoK-7w

(Page numbers of .pdf referenced here are 40, 43, 67, 70, 91, 103, 117)

What does running deficits mean for you and your family?Over the coming weeks, we will be reviewing the City of Fountain...
03/24/2026

What does running deficits mean for you and your family?

Over the coming weeks, we will be reviewing the City of Fountain Inn's financial position and direction to increase public awareness. Please share, comment, and follow our page to make sure you don't miss a single highlight.

The audited financials from July 2024 to June 2025 have recently been made public here:

https://www.fountaininn.org/DocumentCenter/View/3127/City-of-Fountain-Inn-ACFR-63025

Congratulations to the recently elected Fountain Inn City Council representatives. Members of FIBCA look forward to work...
11/19/2025

Congratulations to the recently elected Fountain Inn City Council representatives. Members of FIBCA look forward to working with you as you serve and represent the community and local small businesses of 🇺🇸

Congratulations to our Food Drive Winners! $25 Small Business Gift Card coming your way!Still wanting to donate?Non-peri...
11/19/2025

Congratulations to our Food Drive Winners! $25 Small Business Gift Card coming your way!

Still wanting to donate?

Non-perishable food items:
FI Police Dept - Look for drop-off bins in the front lobby

Aluminum Cans
FI Fire Dept - Red Recycling Trailer in the back parking lot

Let’s vote Fountain Inn! Runoff race for Ward 3 City Council Seat between AJ Dearybury and Joey Garrett. Polls close at ...
11/18/2025

Let’s vote Fountain Inn! Runoff race for Ward 3 City Council Seat between AJ Dearybury and Joey Garrett. Polls close at 7pm!

This is your opportunity to meet Paul Dans! FIBCA is excited to announce U.S. Senate Candidate Paul Dans is visiting f...
11/12/2025

This is your opportunity to meet Paul Dans! FIBCA is excited to announce U.S. Senate Candidate Paul Dans is visiting for a discussion and to meet constituents during the Grand Opening of AM-PM Farms Butchery & Market at 3pm. To learn more about Paul visit here: https://www.pauldans.com/ See you there!

https://www.facebook.com/pauldansforussenate
Follywood Productions

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Fountain Inn, SC
29644

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