Local Option Sales Tax (LOST) Agreement Reached

Public meeting vidoes from July 19 & 26, 2022

Local Option Sales Tax (LOST) Agreement Reached

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Local Option Sales Tax (LOST) Agreement Reached


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[ December 09, 2022 ] UPDATE from Kris Stancil, Chairman of Pickens County Board of Commissioners:

I wanted to let you know that the City of Jasper and Pickens County have agreed on the LOST distribution percentages and are preparing to submit the necessary paperwork to the Georgia Department of Revenue.

The distribution allocations are as follows:

Jasper 25.26 %
Nelson 3.05 %
Talking Rock 1.69 %
Pickens 70.00 %

The only difference between the agreed upon rate, is that Nelson and Talking Rock were increased slightly, and the City of Jasper had a slight decrease to account for that. The prior allocations were as follows:

Jasper 25.70 %
Nelson 2.80 %
Talking Rock 1.50 %
Pickens 70.00 %



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7/26/22 (Video above from the July 26, 2022 public meeting).

All Georgia Counties that impose a Local Option Sales Tax (LOST), O.C.G.A. (48-8-80 through 48-8-97) requires that counties and qualified municipalities renegotiate allocations within two years after each new census.

Pickens County, the City of Jasper, and the City of Nelson began this negotiation process on July 19, 2022, at Chattahoochee Technical College (100 Campus Drive), Jasper, GA.

CURRENT LOST PERCENTAGES
Pickens County 70%
City of Jasper 25.7%
City of Nelson 2.8%
Talking Rock 1.5%

Pickens County presented recommendations at the July 26th meeting (video above):
Pickens County 77.79%
City of Jasper 16.21%
City of Nelson 4.0%
Talking Rock 2.0%

Sutton Consulting made a proposal on behalf of the City of Jasper at the first meeting on July 19th:
Pickens County 63.38%
City of Jasper 35.09%
City of Nelson 1.12%
Talking Rock .040%

JULY 19, 2022 MEETING VIDEO


Three scheduled meetings (if needed) that will take place. The final meeting is August 2nd at Chattahoochee Tech at 10 am. The public is invited to attend. (NOTE: Please be advised that due to sickness, the LOST Meeting scheduled for today (8/2/22) has been cancelled. It will be rescheduled for a future date.)

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