County weighs sales tax option
Depending on decisions surrounding the implementation of a local-option sales tax (LOST) and $10 million in bonding, McLeod County commissioners are mulling a tax levy increase of approximately 15 percent or 9 percent.
In the two scenarios McLeod County Accountant Colleen Robeck offered to commissioners, one includes a LOST and one doesn’t — the 15 percent increase would be without the sales tax and the 9 percent increase would be with it and includes $10 million in bonding for roads and capital projects. The sales tax could be used only for transportation-related expenditures.
Commissioner Doug Krueger said the LOST and the bonding are “kind of a package deal,” and added that the LOST offsets the $6 million in bonding for road projects proposed for 2020.
(For the complete story, see the Sept. 11 print edition of The Chronicle.)