S.C. Code Ann. § 51-15-300

The governing body of each such municipality shall cause to be set aside and kept maintained a park and recreation fund and cause to be kept an account of all receipts for and disbursements of such fund. The fund shall be kept with the funds of such municipality in such depository to the credit of the municipality as the governing body may direct. All payments and disbursements from this fund as and when made shall be validated by the countersignature of the officer or person designated by the governing body of such municipality to countersign or validate checks drawn for other municipal purposes.