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Moore officials weigh sales-tax option to speed street and drainage projects
Summary
City staff outlined a proposal to consider a local sales tax in place of large geobond measures to fund roughly $46.6 million in construction costs (after ~$11 million in ACOG funds), citing greater flexibility to address urgent drainage and short-term projects; council agreed to gather more data and delay any ballot placement.
City staff presented council members with a choice of financing mechanisms for a slate of previously approved design projects: continue pursuing geobonds for each package or pursue a local sales tax to provide a steady revenue source and more flexibility across short-, medium- and long-term needs.
Staff said the gross construction cost for the listed projects is…
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