One Cent Tax to End in March
Written by Andrew-Rossi on December 19, 2018
The one percent sales tax has done what it was intended to do – provide a short-term source of revenue for cities, towns and the county.
At yesterday’s Park County Commissioner’s meeting, County Treasurer Barb Poley presented information to the Commission that outlined the success of the special purpose tax. The Commissioners passed a resolution that will cease collection of the one cent tax as of March 31st.
But if the county will meet their goal in Mid- March, what will happen with the next two weeks’ collection of the one cent tax, before the cutoff date? Poley explains.
Poley says that her office needs to notify the state three months in advance of when the county anticipated that the goal of $13.68 million dollars would be reached, and that all government agencies involved must pass resolutions agreeing to stop collection of the one penny tax.