Mayor pushing for sales tax to fund projects
Published: October 3,2011
HOLLY SPRINGS — Holly Springs Mayor Andre DeBerry is seeking support for a 1 percent local sales tax to raise money for various projects.
The South Reporter reports DeBerry has proposed $8 million for a variety of local projects and another $13 million for street improvements and sidewalks. DeBerry has said the city could issue bonds some of which could be repaid from proceeds of the sales tax.
The sales tax proposal would have to be approved by the Legislature.
The city already collects a 2 percent sales tax to pay off the loan on a multipurpose building and to support tourism.
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