Local Option Sales Tax (LOST)
LOST funds are to be dedicated to reducing the tax levy for the library, community center and liability insurance (as required by statute). The remaining funds will support future street projects and the equipment revolving plan (ERP).
Fiscal Year 2023 funds will be used in the following manner:
Library $ 63,700 Community Center $ 30,000 Liability Insurance $ 95,000 Debt Service - 2020A Bond $ 100,000 Funding the ERP $ 345,000 Funding Future Street Projects $ 1,383,526 Emergency Management $ 9,000
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