CONTRACTAPPROVED

City of Locust Grove Awards Financial Services Contract to Henry County (July 2026)

City of Locust Grove logoCity of Locust Grove
Disclosed value
1% sales and use tax; total revenue approximately $___ million over 20 quarters (five years)
From agendapacket
Approved
Jul 6, 2026
Renews
Free account

The 30-second brief

What it covers

Locust Grove approved entering into an Intergovernmental Agreement with Henry County and the cities of Hampton, McDonough, and Stockbridge to implement a 1% Floating Local Option Sales Tax dedicated exclusively to property tax reduction. The five-year FLOST, subject to voter approval in November 2026, allocates 5.45% of proceeds to Locust Grove.

Who holds it

Henry County holds this financial services contract with City of Locust Grove. Its other public contracts on record include work for Atlanta Regional Commission and Commission on the Virginia Alcohol Safety Action Program.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Locust Grove contract.

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Contract details

Contract type
Financial Services
Amount
1% sales and use tax; total revenue approximately $___ million over 20 quarters (five years)
Document date
July 6, 2026
Term
Expected January 1, 2027 – December 31, 2032 (five-year FLOST period, with renewal provisions)
Renews
Free account
Source document
City of Locust Grove Agenda Packet 2026-07-06 (AgendaPacket)

Henry County's other public contracts

More City of Locust Grove contracts

Questions about this contract

Who was awarded the financial services contract by City of Locust Grove?

Henry County was awarded this financial services contract by City of Locust Grove, as recorded on July 6, 2026. The contract value is 1% sales and use tax; total revenue approximately $___ million over 20 quarters (five years).

How much is the Henry County contract with City of Locust Grove worth?

The Henry County contract with City of Locust Grove is valued at 1% sales and use tax; total revenue approximately $___ million over 20 quarters (five years), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Locust Grove Agenda Packet 2026-07-06 (AgendaPacket), dated July 6, 2026 from City of Locust Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Henry County hold?

Henry County may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Locust Grove currently buying?

Explore City of Locust Grove's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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