MASON CITY – Mason City voters authorized the imposition of a local sales and services tax in the City of Mason City after a special election held Tuesday.
The tax will continue without repeal of the existing local sales and services tax at the rate of one percent (1%), to be effective July 1, 2023 until repealed.
Revenues from the sales and services tax are to be allocated as follows:
Fifty percent (50%) shall be used directly for property tax relief and for no other purpose.
The specific purposes for which the revenues shall otherwise be expended are:
Forty percent (40%) shall be used for street improvements such as surfacing/resurfacing, railroad crossing repair, overpass/underpass construction, bridge repair, storm sewer work, traffic signals installation and maintenance, public parking maintenance, city owned sidewalk repairs, park improvements and any other lawful use such as the retirement of debt incurred for such projects.
Ten percent (10%) shall be used for the General Fund for any legal city purpose such as police protection, fire protection, library services, recreation programs/projects, airport, transit services, museum and administrative purposes.