AGENDA ITEM SUMMARY
Consider Resolution urging the Georgia General Assembly and our local delegation to strongly oppose any bill, provision or measure to reallocate local sales tax funding from local governments to the state of Georgia and to further urge they not approve any provision of a transportation bill that authorizes double taxation of municipal residents. City Manager Kenny Smith will address.
SPECIAL CONSIDERATIONS OR CONCERNS: |
House Bill 170 has been introduced which recommends the state invest over $1 billion annually in transportation related projects, with over $500 million of that $1 billion targeted to come from local sales taxes from cities, counties and school systems. The proposed bill would reduce our local SPLOST funding, local LOST collections used for funding services and property tax reduction and local E-SPLOST funding to our school systems by approximately $3,279,120.83.
Staff recommends approval.
If approved, House Bill 170 would reduce local funding, as noted above, by approximately $3,279,120.83 |