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Franklin County approves transient-room-tax amendment to back up to $1.8 million in bonds for Grama Theater renovation
Summary
Fiscal Court approved a second-reading amendment to apply an additional transient-room (hotel) tax to authorize up to $1.8 million in tax-revenue bonds to finance renovations and refund prior Grama Theater bonds; the court emphasized the fee targets visitors, not residents.
Frankfort — Franklin County Fiscal Court voted Oct. 15 to amend a local transient-room tax so the county can issue up to $1.8 million in dedicated tax-revenue bonds to finance renovations at the Grama (Grand) Theater.
Judge opened the second-reading ordinance and said the measure is “not a new 2% tax” on county residents but an additional fee applied to hotel rooms paid by visitors. “This is something that comes from the hotels,” the…
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