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Sevier County projects $5–8 million from short-term rental tax reclassification; $2–3 million likely for schools
Summary
County officials told the Budget Committee May 4 that reclassification of short-term rental property tax is expected to yield about $5–8 million in additional revenue; the Sevier County Board of Education is expected to receive an estimated $2–3 million with the Mayor’s Office proposing the remainder for tourism-affected services.
Sevier County officials told the Budget Committee on May 4 that reclassifying short-term rental property tax could generate an estimated $5–8 million in additional revenue for the county.
Vice Mayor Bryan McCarter and Brooke Huffaker, Assistant County Mayor and…
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