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Cheyenne budgets $12.5 million annually from voter-approved fifth‑penny sales tax under Resolution 6248
3226577 · May 8, 2025
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Summary
Public Works presentation summarized the fifth-penny (1% sales) tax: voters approved collections for a set four‑year term (2023–2026), with the tax estimated at $50 million overall and $12.5 million per year; Resolution 6248 describes allowable uses.
Director Vicky Nemechek described the city’s special revenue fund commonly called the "fifth penny" or 1% sales tax, which voters approved for a set number of years. The presentation said the tax collection period runs from 2023 to 2026 and that the…
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