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Infrastructure sales tax oversight committee reports $54.2M revenue and flags 2031 sunset
Summary
The Infrastructure Sales Tax (IST) Oversight Committee presented its FY2025 annual report showing $54.2 million in revenues and $29.8 million in expenditures through 9/30/25 (unaudited); the committee cautioned that the half-cent IST will sunset in 2031 and urged early board consideration of reauthorization options.
Sheila McLean, Manatee County CFO, and Leland Taylor, chair of the Infrastructure Sales Tax Oversight Committee, presented the committee's FY2025 annual report on Dec. 16. The preliminary, unaudited figures show IST revenues of about $54.2 million and expenditures of about $29.8 million for the year ending…
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