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Commissioners approve study to examine raising commercial 'adequate facilities' fee
Summary
Williamson County commissioners voted 19-4 on Feb. 10 to authorize a consultant study into raising the commercial adequate facilities tax (AFT) to $2 per square foot countywide; an amendment set the study scope back to March 2017 and a not-to-exceed budget of $60,000.
Williamson County commissioners voted 19-4 on Feb. 10 to authorize a county-contracted study to assess whether increasing the commercial adequate facilities tax (AFT) to $2 per square foot would affect education impact fee revenues and county capital funding.
Supporters said the study would show whether an AFT increase could provide non-property-tax revenue to help pay capital projects. “This is authorizing the mayor to contract for a study to increase the non residential AFT, to $2 per square foot and implement it countywide,” said Grady Taber during citizens communications. Commissioner Richards, the resolution sponsor, described the request as a study only and noted the fee is a…
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