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Statesboro council affirms county-city TAD agreement
Gives TSPLOST talks go-ahead
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In two actions Tuesday involving the city-county relationship and taxes, Statesboro City Council affirmed an agreement bringing county revenue into the South Main Street TAD fund and authorized negotiations toward a Transportation SPLOST referendum. Deciphering those acronyms: The TAD, or Tax Allocation District, does not increase anyone’s taxes. The local legislation devotes growth in property tax revenue within the defined district to public projects meant to spur and assist redevelopment.
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