Fargo Sales Tax Increase, 2009
There was a Fargo Sales Tax Increase on the June 30 ballot in Cass County for voters in the city of Fargo.
This measure sought to increase the sales tax of the city to 7 percent, which is a half-cent increase.
The sales tax increase was approved.[1]
According to city officials the tax is predicted to produce $10 million in revenue annually. In 20 years, the lifespan of the tax increase, the city estimates that they will receive a total of $200 million. The funds will help pay for a variety of flood control measures throughout the city in light of the flood damage caused in early 2009.[2] According to the resolution the goal of any project that utilizes the tax funds should be for 500-year flood protection for the city. In a unanimous vote the ballot measure and resolution were approved by the city council on April 27,2009.[3]
The measure had to be approved by 60 percent or more of voters. Since the tax increase was approved, it will take effect January 1, 2010.[4]
External links
- WDAY, "People of Fargo to decide on flood protection funding," April 28,2009
- City of Fargo, "Flood information," accessed April 30,2009
Footnotes
- ↑ The Forum of Fargo-Moorhead, "Fargo voters overwhelmingly approve half-cent sales tax for flood control," July 1,2009
- ↑ ABC News, "Flood Fears Rise in Fargo, North Dakota," March 25,2009
- ↑ The Forum of Fargo-Moorhead, "Fargo commissioners approve half-cent [[sales tax (dead link)] ballot measure for flood protection," April 27,2009]
- ↑ The Forum of Fargo-Moorhead, "Fargo approves ballot language for tax vote," April 28,2009 (dead link)
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