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Council discusses reestablishing cumulative capital tax rate to bolster bridge fund
Summary
County staff reminded council members that reestablishing the cumulative capital development rate to the statutory maximum would raise revenue for bridges, noting 42% of the tax allocation goes to bridge construction and an estimated $95,000 for 2026 if enacted; a public hearing and ordinance are required before May 31.
County staff reminded the DeKalb County Council that reestablishing the cumulative capital development (QM Cap) tax rate to the statutory maximum would increase funding available for bridge repair and for general capital purchases.
Susan, a staff member, summarized the process and timeline: a public hearing, ordinance adoption and remonstrance period must occur before May 31 to increase the rate to the maximum of 0.0026. She said statute now prevents the rate from…
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