Rutherford County, TN - Rutherford County continues to experience rapid growth, and with the passage of Senate Bill 2261 and House Bill 2426 the county can increase the school facilities tax from $1.00 to $1.50 per square foot and impose a $1.50 per square foot tax on commercial buildings up to 150,000 square feet. Rutherford County Mayor Joe Car told WGNS in a statement that this legislative change comes with complications that could impact the county's financial planning.
Mayor Joe Carr .
RUTHERFORD COUNTY, TN - Gov. Bill Lee this week signed legislation co-sponsored by Rutherford County legislators allowing high-growth counties to levy a tax supporting school capital projects.
House Bill 2426/Senate Bill 2261 gives county legislative bodies in high-growth counties the ability to increase development fees and taxes under the County Powers Relief Act (CRPA) from $1.00 to up to $1.50 per square foot for both residential and commercial development.
“This accomplishment .
RUTHERFORD COUNTY, TN - Rutherford County Schools may face funding challenges for future construction of new schools, partly due to a legislative act that the county agreed to 3-years ago. Mayor Joe Carr advocates for new legislation that would provide the county with options in funding, as opposed to limits in funding.
Carr told WGNS that Rutherford County has limited tools in the toolbox to fund the cost of a growing school system. Under the 2006 County Powers Relief Ac .
Yet another county is calling on the state for help raising revenue. For years, Rutherford County's been pushing for the state to allow impact fees to keep up with infrastructure. Now, Sumner County is joining the fight.