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Municipal Finances Suffering from COVID-19

South Carolina Business Review logo

We are all very aware of the issues companies have been facing through this pandemic, but what about the cities, towns, and counties across our state.  With many of them relying on hospitality and accommodations taxes, their finances have been hit hard as well.

Mike Switzer interviews Lawrence Flynn, a public finance attorney with Pope Flynn in Columbia, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.