Dooly County finalizes LOST split with cities, sets 2002 millage and authorizes short‑term borrowing
Commissioners approved a new LOST certificate (county 55% / cities 45%), set the 2002 millage, and repeatedly authorized short‑term $200,000 borrowing to cover cash flow; work sessions and arbitration were used earlier to resolve city splits.
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Dooly County’s Board of Commissioners completed a months‑long renegotiation of local sales tax (LOST) distribution with its municipalities and set property tax and short‑term finance measures before year‑end.
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