Paving the Future
Understanding the Half-Cent Sales Tax
McPherson residents will vote on an important issue November 7, 2017. The ballot question will introduce a funding option to support ongoing street improvements as the City of McPherson focuses on PAVING THE FUTURE.
Shall the City of McPherson, Kansas (the “City”) be authorized to: (1) impose a special one-half percent (1/2%) city-wide retailers’ sales tax (the “Sales Tax”), the proceeds of which shall be used only to finance the City’s expenses relating to the costs of construction, reconstruction, operation, and maintenance of public streets, sidewalks, street related drainage, traffic control devices, maintenance and expense of street lights, curbs and improvements appurtenant thereto within the City and related financing costs; the collection of such Sales Tax to commence on January 1, 2021 or as soon thereafter as permitted by law and shall terminate ten (10) years after its commencement; and (2) issue sales tax revenue and/or general obligation sales tax bonds to pay the costs of such street improvements, street light maintenance and expense, and associated financing costs; all pursuant to the provisions of K.S.A. 12-187 et seq., as amended?