Adair County BOS sets date for LOST ordinance vote
May 19th, 2011 by Ric Hanson
The Adair County Board of Supervisors, Wednesday, set June 8th as the date for a public hearing on an ordinance pertaining to the voter approved renewal of the Local Option Sales Tax (LOST). Adair County Auditor Mindy Schaefer says the ordinance has to be approved in order for the tax to go into effect in 2012.
Schaefer says they’ll hold the 1st reading of the Ordinance on June 8th, and if no one objects, the 2nd and 3rd readings are likely to be waived, and the Ordinance adopted. It will then become effective on July 1st, 2012.
The vote to renew the penny sales tax was approved by the voters during a special election held May 3rd. Only the communities of Casey and Stuart failed to approve the Tax, but a requested re-vote will be held in those communities on August 2nd. By failing to renew the local option tax earlier this month, the City of Casey stands to lose about $650 in annual revenue for street repairs and improvements, while Stuart would be out about $42,000. The money would have gone toward the City’s General Fund.
Each City in the County designates what the money from the penny tax will be used for. Most of the cities will used the monies for capital improvements, such as street and other infrastructure repairs.
Schaefer says the Adair County Supervisor’s Wednesday, also approved a contract for Child Support Recovery. She says there are seven or eight counties included in the agreement, which needed to be updated. Cass County is the control county for the agreement.