|San Jacinto News-Times - Local News
Stories Added - October 2008
Copyright 2008 - Polk County Publishing Company
Two elections ongoing for sales tax revenues
San Jacinto News- Times - October 2008
COLDSPRING – Residents within the city limits of Coldspring will decide the fate of an additional one-half cent sales and use tax on the Nov. 4 ballot. Early voting started Monday and continues through Oct. 31. City residents will vote ‘For’ or ‘Against’ the adoption of an additional sales and use tax within the city at the rate of one-half of one percent. The city currently collects a onehalf percent sales and use tax. If adopted by voters, the city will be able would go to the county.
It is the intent of the county to use this additional money to improve county roads; thus our city’s streets would not benefit from the county’s additional sales tax collected within our city.” Eversole said additional sales taxes collected from residents and visitors within Coldspring can and will be used for city improvements, including city streets. “As our community grows, so do its needs. And what better ways to meet our needs than to have the many visitors to our city help with our growth. This small increase will only bring the sales tax rate to the level that many of us are already paying when we shop in Shepherd, Cleveland and other surrounding communities,” Eversole said.
San Jacinto County is proposing a proposition, “Authorizing the creation of the San Jacinto County Assistance District and the imposition of a sales and use tax at the rate of one-half of one percent for the purpose of financing the operation of the district in the county under chapter 387 of the Local Government Code, excluding the city limits of the City of Shepherd and excluding the city limits of the City of Coldspring and any territory in the county where the sales and use tax is currently at two percent.” If approved by voters the county will be able to collect a one-percent sales tax instead of the current onehalf percent sales and use tax it currently collects.