Can any city create a local option sales tax?

Yes and no. Cities can explore creating and collecting L.O.S.T. but the process to do so is defined by state law. Before L.O.S.T. can be collected, it must receive approval from the state legislature, the local governing body (i.e. the City Council or County Board of Commissioners), AND the voters via a ballot referendum. 

Show All Answers

1. What is a local option sales tax?
2. What can receipt of local option sales tax funds be used for?
3. Can any city create a local option sales tax?
4. What does Monticello want to fund using a sales tax?
5. How much would the local option sales tax be and how long would it be in effect?
6. What happens if the local option sales tax is not supported by voters?
7. What is the estimated timeline for the local option sales tax?