TITLE
Title
TAX COLLECTION INTERLOCAL AGREEMENTS
end
SPONSOR
Sponsor
Ben Chavis
BUDGET IMPACT
Budget Impact
NO ADDITIONAL COUNTY FUNDS REQUIRED
REQUESTED ACTION
Requested Action
Consider approval of one of the following options for interlocal agreement (ILA) rates for Guilford County municipal property tax collection, to be effective July 1, 2024:
Option 1) Maintain ILA rate at 0.62%.
Option 2) Increase ILA rate to 0.75%.
Option 3) Increase ILA rate to 1.00%.