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County and city agree on TAD
Funds to become available for city infrastructure improvements
W Tom Couch
Bulloch County Manager Tom Couch
Bulloch County Commissioners agreed Tuesday to allocate taxes from revenue growth to the city of Statesboro’s South Main Street Tax Allocation District, or TAD. A tax-allocation district “is a defined area where real estate property tax monies gathered above a certain threshold for a certain period of time … are to be used for a specified improvement,” according to google.com. This means revenue from any future property improvements, beyond the current property value, within the district will go towards infrastructure improvements within that area by the city, said Bulloch County Manager Tom Couch. The South Main Street TAD covers areas along Highway 301 South from Georgia Southern University to the Bulloch County Courthouse and to the east of the central South Main corridor along Brannen Street, encompassing both the old Sallie Zetterower Elementary School campus and the Gentilly Square shopping center area.
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