Holts Summit to vote on capital improvement sales tax
Wednesday, July 11, 2012
An ordinance placing a 1⁄2-cent capital improvement sales tax on the Nov. 6 general election ballot was approved Monday night by the Holts Summit Board of Aldermen.
The board completed the third public hearing on the measure. No one spoke in favor or in opposition to the plan during any of the three public hearings.
City Administrator Brian Crane said the current 1⁄2-cent capital improvement sales tax was approved for the first time in the April 1, 1993, election and is scheduled to expire on March 31, 2013, if not renewed by a simple majority vote. Crane said approval by voters would renew the tax for another 20 years.