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Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
The state auditor is appointed by the South Carolina State Fiscal Accountability Authority. [1] The current State Auditor is George L. Kennedy, who was appointed in 2015. [2] [3] The State auditor cannot be fired. [4] The State Auditor's office has a budget of $8,746,044 for the 2024 fiscal year, with the State Auditor being paid $165,872 ...
[10] [21] In particular, the SFAA acquires insurance for state agencies and local governments, procures goods and services for the operations of state government, and oversees the construction and maintenance of state buildings. [22] [23] In addition, the SFAA appoints South Carolina's state auditor to serve at pleasure. [24] [b]
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The state treasurer is the chief banker and investment officer of the state of South Carolina. [2] [3] As such, the state treasurer manages the cash flows and investments of all state funds and, in so doing, safeguards their assets. In 2022, the state treasury's custodial fund balances were approximately $2.8 billion.
The Surplus Record has been available online since 1986, [4] when buyers would use 2400-baud modems to access it. Currently, it is the largest online directory in the world for surplus capital equipment. [5] The company started its own online auctions in 1999, [1] [6] a year before it was acquired.
The following is a list of legislative terms of the South Carolina General Assembly, the law-making branch of government of the U.S. state of South Carolina. South Carolina became part of the United States on May 23, 1788 .
In 1859, an auction master named Z. B. Oakes purchased Ryan's Mart and built the Old Slave Mart building as an auction gallery. The building's auction table was 3 feet (0.91 m) high and 10 feet (3.0 m) long and stood just inside the arched doorway. [3] In addition to enslaved people, the market sold real estate and stock. [4]