Mayor: Subdivision would generate funds, not extra cost

A new subdivision proposed in Franklin would bring in $250,000 in new taxes, not cost extra in services, such as police or fire, and lower the city’s tax rate by about 4 percent.

And those impacts are based on conservative estimates, Franklin Mayor Joe McGuinness said.

And that’s why Franklin is weighing a proposal no other local government in Johnson County has: giving money to a developer building a new subdivision.

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