When Bulloch County voters head to the ballots Nov. 8, they will be asked to allow Bulloch County Commissioners to form a special tax district that would help fund a proposed industrial park.The referendum addresses Georgia’s Redevelopment Power Law, which allows local governments to use Tax Allocation Districts to fund redevelopment projects.The law was adopted by the General Assembly in 1985, but now that Bulloch County is considering an industrial park off U.S. 301 South near Interstate 16, there is a need for a tax district to fund infrastructure so businesses can begin locating there, said Bulloch County Manager Tom Couch.Tax districts “help local governments attract private development and new businesses which create jobs, draws customers and generates additional public and private investment without putting pressure on the current tax base and taxpayers,” he said.If Bulloch voters approve the measure that would allow commissioners to install a district, Couch said it would not increase taxes on local residents.Instead, new businesses coming into the designated district would pay their taxes, which, in turn, would raise property values in the district due to the new businesses, and the increase in taxes from higher property values would be set aside for funding the infrastructure in the industrial park, he said.No cost to citizensCouch said there is no risk of cost to citizens. “Funding to support new infrastructure needed for development in a (tax district) is secured by a ‘tax allocation increment,’ which is the increase in property tax revenues resulting from the redevelopment activities taking place within a defined (district),” Couch said. “Tax allocation financing would allow the county to charge the costs of constructing public facilities and infrastructure directly to the new or expanded businesses that use them, rather than the public at large.”