A Penny Sales Tax! Why? The City of Crestview has currently identified nine transportation projects. These projects will provide for alternate routes to.

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Presentation transcript:

A Penny Sales Tax! Why? The City of Crestview has currently identified nine transportation projects. These projects will provide for alternate routes to allow travelers to move in and around Crestview without traveling on Highway 85. The costs for these projects will exceed $15 million. There are no immediate sources of funding available to the City. The one-cent sales tax is temporary and allows tourists, non-property owners and transients to contribute.

A Penny Sales Tax! How does it work? A sales tax referendum will be voted on by the people of Okaloosa County on September 5, A sales tax referendum will be voted on by the people of Okaloosa County on September 5, One cent tax would begin January 1, 2007 and would expire after 5 years. One cent tax would begin January 1, 2007 and would expire after 5 years. The sales tax proceeds are split between the county and the nine municipalities with 58.5% going to the county and 41.5% split between the municipalities. The sales tax proceeds are split between the county and the nine municipalities with 58.5% going to the county and 41.5% split between the municipalities. The sales tax proceeds can be used for bonding, to allow some urgent projects to be completed prior to the tax dollars being collected. The sales tax proceeds can be used for bonding, to allow some urgent projects to be completed prior to the tax dollars being collected.

A Penny Sales Tax! Road Improvements Brookmeade Drive Extension. Brookmeade Drive Extension. Lowe’s Road to Medcrest Drive Connector. Lowe’s Road to Medcrest Drive Connector. Arena Road Paving: Arena Road Paving: Phase 1, Phase 2, & Phase 3 Arena Road to Highway 90 West Connector. Arena Road to Highway 90 West Connector. Duggan Avenue to Arena Road Connector. Duggan Avenue to Arena Road Connector. Medcrest Drive to Duggan Avenue Connector. Medcrest Drive to Duggan Avenue Connector. Rasberry Road to Arena Road Connector. Rasberry Road to Arena Road Connector.

A Penny Sales Tax! The Map