Folly’s Economic Impact Folly Beach has a tremendous impact on the local, state, and national economy. While we believe that our beach and natural resources are priceless, it is important to also understand a dollar amount that we contribute in tax revenue, job creation, and wages. We have been fortunate to work with the College of Charleston’s Office of Tourism Analysis to conduct a study of these economic impacts including their direct and secondary effects. Their findings include information provided below. Did you know: Folly generates $117 million in sales annually? Folly creates 1,200 jobs and $40 million in salaries? Every year, Folly visitors generate $22 million in taxes; $17 million state/local, $5 million federal? The beach protects $500 million in property, beach access, and infrastructure, which generates $11.6 million in property taxes for the state and local governments? Beach renourishment is an investment: For every $1 invested in beach restoration, the beach generates $37 in return? The total annual economic value for recreational beach users at Folly Beach was estimated to be nearly $4.5 million? To see the reports: For a snapshot of the study’s highlights: Economic Impact One Page Summary To read the executive summary: Folly Beach Economic Impact, Executive Summary To read the full report: Economic Impact Study, Full Report Upcoming Events DEC 5 Sun Folly Art Village and Market @ T... DEC 6 Mon Household Garbage Collection VIEW CALENDAR City Hall Hours Front Office 9 AM - 5 PM Public Safety 24 HOURS Administration 9 AM - 5 PM Building & Zoning 9 AM - 5 PM Utilities 9 AM - 5 PM Public Works 9 AM - 5 PM CONTACT THE CITY Flood & Hurricane Information Calendar Contact Us How Do I? © Copyright 2019 City of Folly Beach

Folly Beach Photo Gallery 1 2 ► Upcoming Events DEC 5 Sun Folly Art Village and Market @ T... DEC 6 Mon Household Garbage Collection VIEW CALENDAR City Hall Hours Front Office 9 AM - 5 PM Public Safety 24 HOURS Administration 9 AM - 5 PM Building & Zoning 9 AM - 5 PM Utilities 9 AM - 5 PM Public Works 9 AM - 5 PM CONTACT THE CITY Flood & Hurricane Information Calendar Contact Us How Do I? © Copyright 2019 City of Folly Beach

About Folly History Photos Folly’s Economic Impact Updates from City Hall Sandspur Upcoming Events DEC 5 Sun Folly Art Village and Market @ T... DEC 6 Mon Household Garbage Collection VIEW CALENDAR City Hall Hours Front Office 9 AM - 5 PM Public Safety 24 HOURS Administration 9 AM - 5 PM Building & Zoning 9 AM - 5 PM Utilities 9 AM - 5 PM Public Works 9 AM - 5 PM CONTACT THE CITY Flood & Hurricane Information Calendar Contact Us How Do I? © Copyright 2019 City of Folly Beach