Local Option
Sales Tax
Voting YES to One Penny (LOST)
Supports & Improves
University Heights
Back Side of Ballot
What it will take for the measure to pass?
Votes will be counted collectively in the five contiguous cities in the county (Iowa City, Coralville, Tiffin, University Heights, and North Liberty) with a simple majority (50 percent plus 1) required for passage. Votes in the surrounding cities and the county will be counted separately. Strong support by U-Heights could well tip the balance to an overall majority in the 5 cities.
Votes will be counted collectively in the five contiguous cities in the county (Iowa City, Coralville, Tiffin, University Heights, and North Liberty) with a simple majority (50 percent plus 1) required for passage. Votes in the surrounding cities and the county will be counted separately. Strong support by U-Heights could well tip the balance to an overall majority in the 5 cities.
Who pays the one-penny tax? How
long does it last?
For ten (10) years, everyone who shops in the contiguous area pays
a one-penny-sales tax. It’s projected
that non-residents and visitors will
pay over 21 cents from every dollar of sales tax collected.
What does the one-penny tax cover?
The tax is applied to retail purchases. The tax will NOT apply to many basic items such as groceries, prescription drugs, gasoline, rent, mortgages, vehicles, medical services, or utilities subject to a franchise fee.
The tax is applied to retail purchases. The tax will NOT apply to many basic items such as groceries, prescription drugs, gasoline, rent, mortgages, vehicles, medical services, or utilities subject to a franchise fee.
How will the revenues be
distributed?
The sales tax revenues will be pooled and shared according to a
state formula.
How much revenue will be
collected?
It is estimated that approximately $16-20 million in sales tax
will be collected each year if the tax is approved by all jurisdictions in
Johnson County. University Heights' share is estimated to be $100,000 each year
(for a total of $1,000,000 over the ten year life of the tax).
How will the one-penny tax revenue be spent in University Heights?
By
resolution, the University Heights City Council has specified that the entire
amount of the tax will be used for “community
space acquisition, furnishing, maintenance, and upkeep; street improvements and
repairs; and/or any other lawful purpose.” The tax thus will be available to
cover purchasing community space (a community center) or the rising costs of
such things as library service, fire protection, snow and leaf removal, bus
service, and recycling, for example.
We support
the referendum – vote YES on or before Nov. 4th!
Early Vote UIHC 10 AM- 4PM on 10/27, 10/28, 10/29 Vote St. Andrew 7 AM- 9 PM on 11/4
Carla Aldrich,
Chris Anderson, Pat Bauer,
Kathie Belgum, Carolyn Brown, David Drake, Karen Drake, Anne Frankel, Joe
Frankel, Bob From, Louise From, Bob Hanson, Gloria Hanson, Lisa Haverkamp, Mike
Haverkamp, Jase Humphrey, Lori Kimura, Catherine Lane, Jim Lane, Chris Luzzie,
Virginia Miller, Art Nowak, Silvia Quezada, John Reitz, Deb Wretman, Rich
Wretman, Ken Yeggy, Pat Yeggy, Jerry Zimmerman
Paid for by Mike Haverkamp &
Pat Yeggy
If you read the "supporters" list you will see it is a great cross-section of town that is behind this measure. Please remember to flip your ballot over and vote "YES" Early voting will be held at University Hospitals through Wednesday in the main lobby.
If you want more information about Local Option Sales Tax visit this site:
No comments:
Post a Comment
Thanks for commenting. After the moderator sees your comment it will be approved. (providing you're not a spammer)