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Moore council discusses sales tax option to speed projects, weighing it against GO bonds
Summary
City staff presented a funding debate over roughly $58 million in construction projects (about $11 million in ACOG funds) and councilors discussed whether a dedicated sales tax — potentially offset by a city portion property‑tax reduction — would provide more flexibility than periodic GO bond elections. No final ballot decision was made.
City Manager Brooks Mitchell and council members spent an extended portion of the meeting discussing options to fund a slate of transportation and drainage projects whose total construction estimate was presented at roughly $58 million, with about $11 million in ACOG funding reducing the city’s net estimate to about $46.6 million.
Mitchell outlined two principal repayment approaches: continue the traditional use of general obligation (GO) bonds,…
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