City of Roswell - File #: 11-0437

• File #: 11-0437
• Version: 2
• Name: Resolution - Local Option Sales Tax
• Type: Item with Resolution
• Status: Mayor's Report
• File created: 6/21/2011
• In control: Mayor and City Council
• On agenda: 8/22/2011
• Final action: 8/22/2011
• Title: Approval of a Resolution supporting the continuation of population based distribution of Local Option Sales Tax (LOST).

Date	Ver.	Action By	Action	Result
8/22/2011	2	Mayor and City Council	Approved	Pass
8/9/2011	1	Administration and Finance & Recreation and Parks Committee	Approved for the Regular Agenda	Pass
7/12/2011	1	Administration and Finance & Recreation and Parks Committee	Deferred

Title

Approval of a Resolution supporting the continuation of population based distribution of Local Option Sales Tax (LOST).

Body

Item Summary:

The current LOST distribution agreement between Fulton County and the Cities expires on December 31, 2012.  The renegotiation process between the County and the Cities must start no later than July 1, 2012. 

Committee or Staff Recommendation:

On August 9, 2011 the Administration and Finance and Recreation and Parks Committee recommended placing this item on the August 22, 2011 Mayor and Council Agenda.

Financial Impact:

N/A

Presented by:

Jere Wood, Mayor