At its most recent meeting, the Kingsland City Council voted to annex the Dollar General Store into the city limits.
The Cleveland County Herald reported that the move will allow the city to collect a one-cent tax on all purchases made at the store with the annexation becoming effective in 30 days.
The city will provide all city services, water and sewer, police and fire protection, street maintenance and trash service to the store. Mayor Karen Wiscaver said Kingsland is already providing those services.
Based on figures from Dollar General, each of its estimated store’s averages about $2.14 million in sales annually so if the Kingsland store generates that amount, it would generate about $21,400 in tax revenue for the City.
Wiscaver said the store’s only request was to start the sales tax collection at the beginning of a month so it would not have to begin collecting sales taxes at a different rate in the middle of a month.
Dollar General could begin collecting the sales tax as early as Dec. 1 and customers will see a tax rate of 10.75 percent on taxable items. Of that, 6.5 percent goes to the state, 3.25 percent goes to Cleveland County and 1 percent to Kingsland.
There is usually about a two-month period after the taxes are collected before they are returned to the county or city.
