Sales
Tax Proposal |
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Impact Analysis |
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Total
Revenue Generated |
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Estimated
2008 City Sales Tax @ 1% |
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$ 12,700 |
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Estimated
2009 City Sales Tax @ 1% |
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$
12,891 |
Assumes 1.5% growth |
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2009
revenue available with .5% sales tax |
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$
6,445 |
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Allocation
to Fund 210 - Public Transportation |
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$
1,934 |
Assumes sales tax of .15% |
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Allocation
to new Infrastructure Fund |
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$
4,512 |
Assumes sales tax of .35% |
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Total Allocations |
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$
6,445 |
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Mill Summary |
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Rev |
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2007 |
2008 |
2009 |
2009 |
Inc (Dec) |
% |
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General |
14.867 |
14.868 |
14.868 |
15.499 |
0.631 |
4.2% |
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Library |
3.258 |
3.259 |
3.259 |
3.259 |
-
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0.0% |
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Public Transportation |
0.746 |
1.171 |
1.171 |
- |
(1.171) |
-100.0% |
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Recreation |
0.482 |
0.483 |
0.483 |
0.483 |
-
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0.0% |
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Bond and Interest |
7.005 |
7.006 |
7.006 |
7.306 |
0.300 |
4.3% |
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26.358 |
26.787 |
26.787 |
26.547 |
(0.240) |
-0.9% |
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