How much would the local option sales tax be and how long would it be in effect?

The proposed L.O.S.T would be one-half of one percent (0.5%), or $.50 on every $100 of taxable purchases. State law requires the tax to automatically sunset once funds required for the projects are collected, or 25 years per approved legislation, whichever occurs first.

Show All Answers

1. What is a local option sales tax?
2. What can receipt of location option sales tax funds be used for?
3. Can any city create a local option sales tax?
4. What does Oakdale want to fund using a sales tax?
5. Were other funding sources considered?
6. How much would the local option sales tax be and how long would it be in effect?
7. Did the City Council approve putting the local option sales tax before voters?
8. What will the local option sales tax look like on my ballot?
9. Do businesses need to report the local option sales tax separately to the state when submitting all sales taxes?