Catoosa County Voters Consider 1% Sales Tax to Fund Property Tax Reductions
What happened
Catoosa County voters will decide in the November 3 general election on a proposal for a 1% sales tax, known as FLOST. If approved, the tax would begin January 1, 2027, and remain in effect for up to five years. All revenue collected must be used exclusively to reduce property taxes charged by Catoosa County, Fort Oglethorpe, and Ringgold.
From local3news.com
Why it matters
The measure would shift some of the tax burden from property taxes to sales taxes. The revenue would be distributed among the three local governments according to an intergovernmental agreement, with Catoosa County receiving 85.25%, Fort Oglethorpe receiving 9.50%, and Ringgold receiving 5.25%.
From local3news.com
Who's involved
- Catoosa CountyJurisdiction levying the proposed 1% sales tax.
- Fort OglethorpeCity set to receive 9.50% of new sales tax revenue for property tax reduction.
- RinggoldCity set to receive 5.25% of new sales tax revenue for property tax reduction.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Fort OglethorpeSpeculative
Property owners in Fort Oglethorpe could benefit from lower local property taxes due to the allocation of 9.50% of the new sales tax revenue.
- RinggoldSpeculative
Property owners in Ringgold could benefit from lower local property taxes due to the allocation of 5.25% of the new sales tax revenue.
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The entities involved
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Catoosa County
county in Georgia, United States
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Fort Oglethorpe
city in Catoosa and Walker Counties, Georgia, United States
Nothing else this week.
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Ringgold
city in and the county seat of Catoosa County, Georgia, United States