New Tax District Could Be Key to Warner Robins Hotel & Conference Center
Tuesday, September 15th, 2015
The Warner Robins Redevelopment Agency is preparing to move ahead with long-standing plans to create a tax allocation district in hopes of attracting a developer to build and operate a hotel and conference center beside City Hall.
First proposed in 2012, the special tax district would allow property values within a defined district to increase incrementally over 15 to 20 years. Taxes collected on the original property value would continue feeding into the city’s general fund, while the overages collected when the values increase over time would go into a special fund for redevelopment in the district.
