City council rehashes debate over economic development with an eye on diverting sales taxes

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City council rehashes debate over economic development with an eye on diverting sales taxes

Thu, 08/04/2022 - 09:45
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A little more than 27 years ago, voters approved the collection of an additional penny in sales taxes here in Canadian. One-half of that penny was dedicated to economic development efforts, and the other half to a reduction of city property taxes. The half-cent for economic development— along with additional funding through the Hemphill County Industrial Development Corporation—has been used…

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