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Column: $312M in gas tax revenue accumulated as of Aug. 31

As of Aug. 31, the state of South Carolina was sitting on nearly $312 million in revenues from the gas-tax-hike law that took effect more than 15 months ago – despite promises from lawmakers that the money would go toward fixing crumbling roads.
Newly released records from the S.C. Department of Transportation and state Comptroller General’s Office show that of the approximately $362.3 million collected since July 1, 2017, $15.8 million, or less than 4.5 percent of the total, was spent on listed “external” projects.

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