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Charter committee recommends keeping urban and suburban service districts amid tax-gap, legacy pension concerns
Summary
Committee members advised retaining urban and suburban service districts in the draft Augusta charter after counsel warned a countywide replacement rate "will not be sufficient enough to generate the same amount of revenue" and flagged lingering pension liabilities that could persist decades.
The Augusta charter review committee agreed Friday to keep the urban and suburban service districts in the draft charter after legal counsel and committee members warned of a revenue shortfall if the districts were eliminated.
Unidentified Speaker (label 1), presenting the finance review, said a countywide replacement for the urban service district’s millage "will not be sufficient enough to generate the same amount of revenue," describing a long-standing…
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