Published on March 3rd, 2016 |0
Voters re-authorize 1 percent MOST to fund water, sewer improvements
Mayor Kasim Reed released a statement following the re-authorization:
“This ‘yes’ vote will ensure dedicated funding to maintain the city’s critical water and sewer infrastructure and will help prevent residents and business owners from seeing water bills increase by as much as 30 percent,” said Reed. “I am grateful that the residents of our city have once again chosen to protect Atlanta’s future.”
The tax will be collected on transactions where the customer takes delivery of the item being sold or an item is used within the incorporated city limits of Atlanta and applies to all sales that are subject to the 4 percent state tax except motor vehicle sales. It will be collected on the sale of food.
The MOST increases the sales and use tax rate within the city limits of Atlanta to 8 percent.