The cities of Fulton County invite members of the media to attend their presentation Friday morning as they make their case in mediation for preserving their fair share of Local Option Sales Tax (LOST) dollars. The cities and county must agree on a plan to distribute the revenues between the county and city over the next decade by the end of the year or the tax lapses. Currently, Fulton County receives less than 5 percent of LOST revenues because less than 1,000 residents live in unincorporated areas of the county, while the cities receive 95 percent. Fulton County’s plans to drastically increase its share of the revenues would devastate city budgets, requiring severe budget cuts and/or tax increases. In FY22, the Fulton LOST brought in $348,954,470.
WHAT: LOST mediation meeting between representatives of the cities and county leaders. Mayors on the negotiating team include Atlanta’s Andre Dickens, Sandy Springs’ Rusty Paul, Palmetto’s Clark Boddie, East Point’s Deana Holiday Ingraham and Alpharetta’s Jim Gilvin. Mayors from additional cities will attend.
WHEN: Friday, September 23, 2022 at 10:00 am
WHERE: Georgia Municipal Association, 201 Pryor Street, Atlanta, Georgia 30303