BATON ROUGE, La. (BRPROUD) -- St. George leaders announced a proposed agreement for tax revenue to be transferred to the new city while services provided by East Baton Rouge Parish continue. The proposal includes an "immediate payment of tax revenue upon ratification retroactive to July 1, 2024, in an amount equaling $1.25 million per month through December 31, 2024," according to St. George leaders. City leaders said St. George should receive an amount equal to $1.5 million per month from Jan. 1, 2025, to May 31, 2025, and $2 million for June 2025. Leaders said St. George will keep paying East Baton Rouge Parish for services it provides and when the new city provides that service, the tax revenue from that expense will be transferred to St. George. Previous: St. George leaders want to meet common ground on Mayor Broome’s proposed transition plan “This agreement provides for the immediate transfer of St. George’s tax revenue while providing payment for services still rendered by the Parish,” said St. George Mayor Dustin Yates in a statement. St. George's city council and transition district and the East Baton Rouge Metro Council must approve the agreement, according to a release. BRProud has reached out to the East Baton Rouge Parish mayor-president's office for a response. Latest News Prosecutors reviewing 'new evidence' in Marilyn Manson sexual abuse probe Harris accepts invite to CNN town hall as another Trump debate appears unlikely Fisher-Price recalls over 2 million infant swings after 5 deaths reported Ascension Parish man charged with second-degree murder after one killed in Gonzales Southern University Law Center chancellor search committee to visit with candidates