here were no two ways about it: as legislators worked through the spring to cobble together a budget for the upcoming fiscal year, they claimed South Carolina was on the brink of financial ruin.
But amid the handwringing and fear mongering, the General Assembly somehow managed to scrape together enough taxpayer money to subsidize a pair of hydrogen fueling stations, redirecting public funds to pay off loans made under a little-known state-operated program.
In a last-minute move, legislators slipped a proviso in the FY 09-2010 budget that repaid $1,450,800 taken out by the city of Columbia and Aiken County for the fueling stations. That money went to pay off loans originally taken out by the municipalities through the ConserFund, a low-interest program administered by the South Carolina Energy Office.