Peachtree City’s hotel-motel tax may be on the verge of an increase.
The City Council will consider Thursday night whether the city should hike the rate from the current 6 percent to 8 percent.
Based on the current 2009-2010 budget, the action would raise an additional $256,000 over the entire budget year, according to city estimates. Of that $256,000, the city’s would realize an increase in its general fund of $128,027, which is 50 percent above the $256,054 currently being collected under the 6 percent rate. Read More»