The county's financial advisor says Ward County will collect enough money in the ten year life of its half-cent sales tax to pay for construction of a new jail, the new office building, renovations to the existing courthouse, and highway projects, if there is enough growth in sales tax collections.

That was the message today to the Ward County commission.

Financial advisor Myron Kuntson provided figures to commissioners showing that, if tax revenues grow at a four percent rate, the county would collect about 84 million dollars in the ten years the tax is in force.

That would fund all the building projects, and provide ten million dollars for highway and road projects - as approved by voters in two recent elections.

Knutson said even if tax receipts are unchanged from current levels, there would be enough to pay off the loans for the building projects, although there would not be enough money for the highway funding.

Read more:
Tax Should Cover County Plans

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March 4, 2015 at 2:40 pm by Mr HomeBuilder
Category: Office Building Construction