After months of negotiations, Commerce officially approved a pair of intergovernmental agreements covering its portion of the proposed next round of the special purpose local option sales tax (SPLOST).
Jackson County voters will decide Nov. 2 whether to extend the one-percent tax for another six years to generate an estimated $47.5 million.
Monday’s agreements signify the city’s approval of the plan to distribute that money.
City approves SPLOST agreements
The first agreement was between Jackson County and its nine municipalities establishing how much of the money, $33 million plus, the county will take.
The second agreement is among the municipalities, apportioning the remaining $13.7 million.
Jackson County intends to use most of its money to retire debt on the county jail and sewerage bonds. Each municipality has developed its own strategy for spending its share, should the voters approve the referendum.
“These agreements are not project specific,” city manager Clarence Bryant pointed out.
Commerce and Jefferson will each get 29.53 percent of the $13.7 million city total — $4,067,159 — if the tax is approved.
Commerce will apportion its share as follows: 45 percent for water and sewerage projects and 27.5 percent apiece for roads and parks/recreation.
The second agreement is among the municipalities, apportioning the remaining $13.7 million.
Jackson County intends to use most of its money to retire debt on the county jail and sewerage bonds. Each municipality has developed its own strategy for spending its share, should the voters approve the referendum.
“These agreements are not project specific,” city manager Clarence Bryant pointed out.
Commerce and Jefferson will each get 29.53 percent of the $13.7 million city total — $4,067,159 — if the tax is approved.
Commerce will apportion its share as follows: 45 percent for water and sewerage projects and 27.5 percent apiece for roads and parks/recreation.
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#1
Don't Care
on
07/07/10 at 05:21 PM
[Reply]
Still not voting for it. They all played for years.Not another dime !
