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Dewayne David Tanner was expected to plead guilty in Floyd County Superior Court on Thursday.
The rate for July is 6.6 percent.
The goal is to have the new school board member named in September.
Earlier this year, Floyd County received the one-time payment from Floyd Medical Center as part of an agreement to back bonds for the hospital.
Law enforcement and the Rome Braves teaming up to help flood victims with by collecting donations this Thursday through Saturday.