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County executive explains tax‑relief approach, previews stadium negotiations and distributes unofficial budget
Summary
County Executive Loboda told the legislature the administration will follow the 2024 State Tax Commission order, deliver residential tax relief as credits spread over three years, cap certain commercial increases at 15%, and handed members an unofficial budget; he also said stadium talks are ongoing and will include community benefits.
County Executive Loboda told the Jackson County Legislature on Nov. 17 that his administration will follow the 2024 State Tax Commission order and that residential tax relief will be delivered as tax credits spread over three years rather than refunds to taxing jurisdictions.
"We are gonna give tax credits. We're gonna break them up over 3 years so we're not gonna have a devastating effect to any of the agencies," Loboda said, emphasizing that funds already distributed to taxing jurisdictions mean refunds are…
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