Slidell council approves tax-split deal with parish

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MainLaw, Lawyers and Legal News › Slidell council approves tax-split deal with parish
 
Slidell council approves tax-split deal with parish
2006-10-25
The Slidell City Council finalized a deal Tuesday with St. Tammany Parish that resolves a long-standing debate over how to split sales taxes collected in areas the city has annexed. All but one of the eight council members at the meeting favored the new sales tax agreement, which specifies how the city and parish will share the money generated by the parish's 2-cent sales tax for road and drainage work in Sales Tax District No. 3 during the next 25 years. Councilman Kevin Kingston was absent. Councilman Joe Fraught voted against the measure, saying the city would lose hundreds of millions of dollars under the agreement. He added that the parish doesn't provide services in the annexed areas, so it doesn't deserve half of the tax revenue. Fraught had asked the council to table the agreement, saying he was continuing his research and hoped to find a way for the city to collect more money....
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