|
On November 2nd 2010, City of Augusta voters voted to approve a one-cent city-wide retailers' sales tax. Thank you to Augusta's citizens for supporting this local measure! Here is the question as it appeared on the ballot:
Shall the City of Augusta, Kansas, be authorized to impose a one percent (1.0%) city-wide retailers' sales tax, with (1) 50% of such tax to be applied to pay the costs of maintenance, repair and improvements to streets in the City, (2) 20% of such tax to be applied to pay the costs of other capital improvement projects in the City, including levee enhancement and repairs to the City Lake dam spillway, (3) 20% of such tax to be applied to reduce ad valorem property taxes in the City and (4) 10% of such tax to be applied to enhance the general fund of the City, and with collection of such sales tax to commence upon expiration of a current one percent (1.0%) city-wide sales tax, on October 1, 2011, and to expire on September 20, 2016; all pursuant to the provisions of K.S.A. 12-187 et seq. and K.S.A. 10-101 et seq.; as amended?
|
|
|
How is the Sales Tax $ used? |
|
|
Special One percent (1%) Sales Tax Election
|
|
Is this a new tax?
No. The City currently has in place a one percent (1.0%) city-wide retailers sales tax that is set to expire on October 1, 2011. Approval of this ballot measure basically extends the existing sales tax for an additional five years.
How much would the tax generate?
Historically, the one percent sales tax has generated roughly $1 million per year for the City of Augusta. However, based on existing economic conditions and anticipated reductions in retail sales, the City is expecting to collect closer to $850,000 per year going forward.
When would the sales tax expire?
If the proposed ballot measure is approved, the new expiration date on the City's one percent sales tax will be September 30, 2016.
|
|
Read More Questions & Answers...
|
|
|
|
|
.jpg)
