Sales Tax News - November 20, 2017

By Brian Greer on Mon, Nov 20, 2017 @ 02:02 PM

Topics: sales tax news

Timnath, CO

City officials in Timnath, Colorado are regrouping after voters rejected a proposed sales tax hike for the second time in as many years.  The defeated ballot measure would have upped the town's sales tax by 1.3%, and the tax on food purchased for home consumption by 1.2%.  Officials, including Timnath Mayor Jill Grossman-Belisle, had hoped that the resolution would help reduce the $22 million shortfall in funding for the town's five-year capital improvements plan.  Without the tax increase, the town's budget for next year "will likely look very different", said Timnath town manager April Getchuis.  In regards to the capital improvements plan, which includes road widening, construction, and infrastructure improvement projects, Getchuis stated that the council will have to re-evaluate its agenda and potentially delay some or all of the projects.  According to Getchuis, the town council will have to rerun numbers and consider its priorities before deciding which projects could be delayed.  The council will meet next on December 12.

Tucson, AZ

Voters in Tucson, Arizona approved on Tuesday two measures that will allow for a sales tax increase aimed at generating additional sales tax collections to improve the city's zoo.  The first measure authorized a revision to the city's charter, permitting the proposed increase; while the second backed the increase itself, raising the city's sales tax by one-tenth of one percent for a period of ten years.  City officials estimate that the tax hike will result in $8 to $10 million in additional collections each year it is in effect.  The funds will go towards upgrading infrastructure and expanding animal habitats at the city's Reid Park Zoo.

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Brian Greer

Written by Brian Greer