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Eagle Point SD 9 explores construction excise tax to fund capital needs; board asked to consider resolution
Summary
Staff outlined the state-authorized construction excise tax (CET), described how neighboring districts collect it through city/county building permits, and said a September 1 start date is proposed if the board approves a resolution at the regular meeting.
Eagle Point School District 9 staff discussed a possible construction excise tax (CET) at the June 18 work session and recommended the board consider adopting a resolution to implement the tax to raise funds for capital projects.
District counsel and staff described the CET as a state-authorized charge originally enacted in 2007 and administered by local building-permit authorities on behalf of school districts. They said the tax functions similarly to a systems-development charge and may be used only for capital improvements such as new…
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