College Park to put tax exemption on ballot

The Freeport Tax Exemption will appear on the ballot in a special election held in College Park this spring.

If the measure passes, the city will use the exemption to attract more out of state business locally. The exemption applies to local businesses with inventory which is exempt from state property taxes, said Economic Development Director Artie Jones.

Things such as partly finished goods, raw materials stored in Georgia for up to a year and finished goods that are destined for out of state customers would not be taxed locally, a measure that may encourage more business for local companies.