The city is weighing a resolution to authorize the mayor to sign an agreement setting up a floating homestead exemption sales tax, which could affect how homeowners' property tax exemptions are calculated.
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The story
Demorest City Council placed a resolution on its July 9, 2026 agenda to approve and authorize the mayor to execute an intergovernmental agreement regulating and implementing a Floating Homestead Local Option Sales Tax, or FLOST.
The same intergovernmental agreement also appeared on the council's regular session agenda for that date.
What happened
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APPROVE AND AUTHORIZE THE MAYOR TO EXECUTE AN INTERGOVERNMENTAL AGREEMENT TO REGULATE AND IMPLEMENT A FLOATING HOMESTEAD LOCAL OPTION SALES TAX (FLOST)
TO REGULATE AND IMPLEMENT A FLOATING HOMESTEAD LOCAL OPTION SALES TAX (FLOST)
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