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City of Savannah Marketing and Communications

Posted on: December 27, 2022

LOST agreement finalized through collaboration

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LOST agreement finalized through collaboration

SAVANNAH (Dec. 27) – The City of Savannah, along with all municipalities, and Chatham County have officially adopted a new Local Option Sales Tax distribution following the signing of paperwork to execute the agreement earlier today. All municipalities had already signed the agreement and today the Chairman of the Chatham County Board of Commissioners signed the 2023-2032 Local Option Sales Tax distribution agreement on behalf of Chatham County, which will formally put the agreement in force upon delivery to the State of Georgia. The final agreement was made possible by the collaborative approach of the county’s eight municipalities. 

 

“I am pleased that the agreement has now been executed by all parties and we can move forward,” said Mayor Van R. Johnson, II. “The municipalities negotiated together in good faith to arrive at the fairest distribution possible and this distribution agreement will allow all local governments in Chatham County to continue meeting service demands for residents and visitors.” 

 

The distribution agreement is as follows:

 

YEAR

COUNTY SHARE

MUNICIPAL SHARE

2023

25%

75%

2024

26%

74%

2025

28%

72%

2026

31%

69%

2027

31%

69%

2028

31%

69%

2029

31%

69%

2030

31%

69%

2031

31%

69%

2032

31%

69%


 

“After more than half a year of negotiations, we have reached the finish line. I am proud of the finished product, which is an agreement that allows all municipalities, and the county, to meet the needs of those we serve,” said City Manager Joseph A. Melder. “We endeavored to be fair and reasonable throughout this process and it truly was the collaboration and unity of the eight municipalities, continuing to negotiate with our county, that helped to bring a final agreement to fruition"

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