MYRTLE BEACH — There were 120 new business licenses and renewals in November in Myrtle Beach compared to 90 in November 2019.
Mark Kruea, spokesman for the city, said some month-to-month fluctuation is expected. However, the November growth number is indicative of how the city’s fiscal year began, which was July 1.
Overall, in the city’s fiscal year running from July 1, 2019 to June 30, 2020, business license revenues were down 5 percent, Kruea said.
“… Our first quarter business license revenues this year are up 54 percent (about $1.2 million) over the same period last year (July-October),” Kruea said. “That’s noteworthy, although I’m not sure we can pinpoint specific reasons.”
Kruea said the city has lost some businesses due to COVID, although “others apparently are coming into existence or finding creative ways to serve the public.”
One of the bigger increases in licenses for November was short- and long-term rentals, which reached 23 compared to 13 last November.
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