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