Lee County Board of Commissioners debate over LOST funds.
/ Jessica Fairley
ALBANY, GA. -- Negotiations continued Monday evening on how Local Option Sales Tax funds will be split in Lee County.
Lee County is now offering the city of Leesburg 12% of lost funds and offering Smithville 6%.
Both Leesburg and Smithville officials believe the offered amount should increase by one point respectively, making Leesburg’s share 13% and Smithville’s share 7% of LOST funds.
After Monday’s meeting, the group still didn't come to an agreement about how the money should be split.
“We're closer than we were a week ago. Now we didn't make an agreement today but there's a 60 day negotiation period and we're not even 30 days into that negotiation period and we're closer than we were a week ago,” said Rick Muggridge, Lee County Commissioner.
The Lee County Board of Commissioners hasn’t set a date for when they'll meet again for negotiations.
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