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Rutherford County ratifies $1.50 per-square‑foot school facilities tax under state County Powers Relief Act
Summary
The Board ratified a $1.50-per-square-foot school facilities privilege tax for new residential development and up to $1.50 on commercial development (up to 150,000 sq ft), passing the required two‑thirds vote and authorizing the chairman to file verification with the Comptroller.
The Rutherford County Board of Commissioners voted Aug. 15 to ratify a county school facilities privilege tax under the County Powers Relief Act (TCA §67‑4‑2901), increasing the previously levied rate to $1.50 per square foot for new residential development and authorizing up to $1.50 per square foot for commercial development up to 150,000 square feet.
Steering Committee Chair Craig Harris said the measure is intended to generate dedicated capital revenue to offset growth‑driven…
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