component-social-facebook_share_api-v2-01
      36
      Monday
      58 / 31
      Tuesday
      47 / 30
      Wednesday
      52 / 27

      Still no decision on split of LOST funds

      Lee County Board of Commissioners debate over LOST funds. / Jessica Fairley

      Negotiations continued Monday evening on how Local Option Sales Tax funds will be split in Lee County.

      Lee County is now offering the city of Leesburg 12% of lost funds and offering Smithville 6%.

      Both Leesburg and Smithville officials believe the offered amount should increase by one point respectively, making Leesburg's share 13% and Smithville's share 7% of LOST funds.

      After Monday's meeting, the group still didn't come to an agreement about how the money should be split.

      "We're closer than we were a week ago. Now we didn't make an agreement today but there's a 60 day negotiation period and we're not even 30 days into that negotiation period and we're closer than we were a week ago," said Rick Muggridge, Lee County Commissioner.

      The Lee County Board of Commissioners hasn't set a date for when they'll meet again for negotiations.

      FOLLOW US ON TWITTER