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Wilson County sets commercial AFT at $0.50 per square foot, directs majority to road improvements
Summary
County commissioners approved a change to the commercial Adequate Facilities Tax (AFT), raising the effective rate to $0.50 per square foot with no minimum or cap and redirecting the bulk of the revenue to a road improvement fund; the vote was by voice and exact tallies were not recorded in the transcript.
Wilson County commissioners voted to set the county—s commercial Adequate Facilities Tax (AFT) at 50 cents per square foot with no minimum and no maximum, and to direct the majority of the new revenue into a road improvement account.
Supporters said the change is intended to make the county—s fee structure more competitive with surrounding counties while producing revenue to address road capacity and safety. "At an effective rate of about 8 cents per square foot, we have a massive competitive advantage," a county economic staff member said during the presentation, arguing a higher rate would capture funds now being left on the table.
The motion brought to the commission established a $0.50 commercial AFT and specified that the portion of the new rate…
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