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City manager proposes 1-cent permanent sales tax to fund $108M in capital projects over 10 years
Summary
City Manager Brooks presented a proposal to place a 1-cent permanent sales tax on the ballot to fund capital projects and public-safety needs; staff estimated $12 million annual revenue and $108 million over ten years and suggested a 90/10 capital/public-safety split.
City Manager Brooks presented a capital-funding proposal to the Moore City Council on Oct. 6 that would place a permanent 1-cent sales tax before voters to fund future capital projects and public-safety equipment.
Brooks said the tax would generate approximately $12 million annually under present conditions and estimated $108 million over 10 years. He proposed allocating 90% of proceeds to capital projects (streets, drainage, public facilities) and 10% to public-safety…
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