The Board of Mayor and Alderman of Spring Hill voted to give potential sales tax revenue to new school construction. After Franklin and Nolensville, Spring Hill is now the third municipality to vote for the resolution.
The county, in looking for funding anywhere it can to build new schools, is proposing that the county raise sales taxes by a half-percent and that the cities split the revenues with county schools. The increase of the total sales tax in the county would go from 9.25 to 9.75 percent.
Spring Hill’s contribution would be about $488,000 over three years. After three years, the revenue from the increase would go back to the city.
County Mayor Rogers Anderson proposed the idea to the board in Spring Hill two weeks ago. Before the end of July he will have asked all six municipalities in the county.
But, ultimately, it will up to the voters in the county.
“So far I have gotten a good response,” Anderson said. “Ultimately it is the voters’ decision.”
The county plans to hold a special fall referendum on the proposed increase.
But Franklin will split $15 million out of the proposed new sales tax rate. Nolensville will give about $300,000.
