No sales tax holiday again this year in Georgia. We guess someone thought the late July tax holiday was a bad idea as it is not with us again this year. Funny how Alabama will do it again on July 19-21 (what’s included, courtesy of WEIS) as will Tennessee on July 26-28 and South Carolina from Aug. 2-4 and Florida on Aug. 2-6. Nothing quite says “shop local” when all the border states offer you a sales tax break on back-to-school supplies but not your own state.
The Development Authority of Floyd County will meet Wednesday, July 10, at 8 a.m. in the law offices of McRae, Smith, Peek, Harman & Monroe, LLP, third floor conference room,. 111 Bridgepoint Plaza.
The monthly meeting of Rome’s Downtown Development Authority will be held Thursday, July 11, in the Carnegie Training Room of the Carnegie Building, 607 Broad St. at 8:30 a.m. It is open to all.
Georgia’s June net tax collections totaled roughly $2.12 billion for an increase of $146 million, or 7.4%, compared to June 2018 when net tax collections totaled nearly $1.98 billion. Net tax collections for the fiscal year (FY) ended on June 30, 2019 and totaled $23.79 billion, which was an increase of nearly $1.09 billion, or 4.8%, compared to FY 2018 when net tax revenues totaled almost $22.71 billion. Expanded report
Georgia gas prices are up 6 cents this week. Georgia motorists are now paying an average price of $2.60 per gallon for regular unleaded gasoline. Monday’s state average is 6 cents more than a week ago, 7 cents more than this time last month, and 12 cents less than this time last year. It now costs $39.00 to fill a 15-gallon tank of gasoline. That is $3.60 less than what motorists paid last May, when pump prices hit their 2018 peak of $2.84 per gallon. “Georgia gas prices have been increasing, but the national average is still less than last year’s high,” said Montrae Waiters, spokeswoman, AAA – The Auto Club Group. “The majority of motorists can expect more expensive gas prices throughout July although the national average is likely to stay under $3/gallon.”