A deal reached last month divvying up billions of dollars in Fulton County’s penny sales tax proceeds could be in jeopardy, putting residents at risk for property tax hikes and igniting more tensions between the county’s local governments.
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Fulton and other counties with a Local Options Sales Tax must send agreements on how to divide the taxes to the state by today. At stake in Fulton is $240 million in sales taxes collected annually to lower property tax bills that is divided among 14 cities.