The city of Murphy held a pair of Town Hall meetings last week to explain a proposal on May 4 ballots that asks voters to approve reallocating to street maintenance half of the sales tax money collected for Murphy Municipal Development district.
Town Hall meetings were held Thursday and Saturday, April 4 and 6, at City Hall.
Retail sales in Murphy are taxed at a rate of 8.25 cents per dollar with most of that, 6.25 cents, allocated to the state. The Murphy portion of sales taxes is two cents, divided as one cent to the general fund, and a half-cent each to Murphy Community Development Corporation and MMDD.
Under the election proposal, half of the sales tax allocated to MMDD would be reallocated to street and sidewalk repairs for a 4-year period, then voters would again be asked to decide the tax allocation.
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By Joe Reavis • [email protected]
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