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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 9/30/25.
The committee highlighted that 45—50% of the IST is used for roads and that the local option sales tax is scheduled to sunset in 2031. "If this sunsets as it's due to sunset in 2031, you're going to lose a significant funding source for our infrastructure," the committee chair told the board, urging commissioners to plan for reauthorization well before the sunset.
Commissioners asked staff to prepare clearer historical dashboards showing what projects have been completed and what is fully funded, and Sheila McLean said staff will present lists of completed projects and an expanded website presentation in upcoming work sessions. The board approved acceptance of the FY2025 report and the committee's compliance memorandum during the consent items portion of the agenda.
Ending: Staff will provide enhanced web-based reporting and may bring reauthorization options for the IST to the board in advance of the 2031 sunset.
