HomeMy WebLinkAboutResolution 14-111 Resolution 14-111
A Resolution supporting Enabling Legislation authorizing a
Local Option Additional Penny of Municipal Sales Tax with the approval of voters
for Specific Infrastructure Projects •
Whereas, the South Dakota Municipal League (SDML) intends to pursue legislation
during the 2015 Legislative Session to provide municipalities with an additional tool to
finance needed infrastructure; and
Whereas, the ability to adequately finance necessary and desirable capital improvement
and infrastructure items for a community's economic vitality and quality of life are
among the most significant long-range financial challenges facing cities; and
Whereas, efforts to generate sufficient revenue for capital infrastructure projects should
be flexible and responsive to the needs of the local municipality; and
Whereas, efforts to generate such revenue should be retained as a local option at the
discretion of the local municipality to enhance local control and be authorized in a
manner with local approva! and transparent to the community.
Now, Therefore, Be It Resolved that the City Council of the City of Brookings, South
Dakota supports legislation during the 2015 Legislative Session authorizing
municipalities to approve an increase in the local sales tax in an amount not to exceed
one penny with such revenue dedicated to costs associated with specific capital
expenditures and infrastructure improvements provided that:
(1) The City Council adopts an ordinance specifying the proposed use of the tax and
its estimated cost, the revenue rate of the sales tax not to exceed one percent,
and term in years proposed for the collection of the proposed use.
(2) The voters of the City of Brookings approve by a majority vote at a regular or
special election the imposition of a sales tax commensurate with the ordinance.
(3) Revenue from this additional amount shall sunset when sufficient revenue has
been generated to pay the costs, or the term as provided by the ordinance and
public vote, whichever is sooner.
(4) Revenue from this amount shall only be used for the proposed use as provided
by the ordinance and public vote.
(5) The base for this additional tax would not include food.
Passed and approved this 9th day of December, 2014.
CITY OF BROOKINGS
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ST: �,�°°�� •���j� Tim Reed, Mayor
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