Stonecrest, GA. - “Zero tax increase, just as we promised,” was Mayor Jason Lary’s mantra yesterday as he and the City Council approved a $9,168,400 budget during a special called meeting. The new budget’s bottom line represents more than a $2.5 million, or 41% revenue increase over the 2018 budget primarily due to the city’s ability to now receive a state insurance premium tax. The tax will not affect residents nor businesses in the area. Municipalities receive the tax from the state for property, casualty, and life insurance policies purchased by those within the city.
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