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According to unofficial results with all precincts reporting, Argyle voters approved of the Harvest Sales tax increase, with 492 in favor and 361 opposed.
"I'm pleased that the voters of Argyle chose to normalize the tax rate in the Harvest [extraterretorial jurisdiction] area to that existing in the rest of the town," Mayor Ronald Schmidt said. "It will generate sales tax in excess of $200,000 per year as the commercial portion of Harvest gets fully built out."
All results are unofficial until canvassed.
What you need to know: The new tax rate within the Harvest commercial district will be 8.25% total, which is a 0.75 percentage point increase from what it currently is, per town documents. This is the maximum sales tax that can be collected under state law, according to the Texas Municipal League.
The sales tax collected from the Harvest commercial district will be split between the state, the town, Argyle’s Municipal Development District and the Belmont Freshwater Supply District No. 2.
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