HomeMy WebLinkAbout2016-171 S. G .
r �
Indian River County
Chamber of Commerce
A Resolution
In Support of
The One Cent Sales Tax Referendum
Whereas 60 3% of Indian River County voters first levied a one cent optional sales tax in 1989
for a 15-year period, and
Whereas In 2002, 65 5% of the County's voters approved a 15-year extension with the current
levy expiring December 31, 2019; and
Whereas the one cent optional sales tax has benefitted Indian River County residents for the
last 27 years; and
Whereas the one cent optional sales tax has helped pay for countless capital projects to
provide public services that have benefited our quality of life such as law enforcement, new
roads and bridges, emergency services, parks and recreation, a library, beach restoration, and
stormwater management; and
Whereas continuing the one cent optional sales tax will continue to pay for projects that are in
the public's interest; and
Whereas the one cent optional sales tax has demonstrated it has helped maintain our low ad
valorem property*taxes savings local taxpayers $248,419,966 since 2007; and
Whereas over the last 10-years, the one cent optional sales tax has helped Indian River County
reduce its long-term debt from $143.4 million to $54 0 million; and
Whereas the one cent optional sales tax has helped to keep impact fees low for businesses
therefore increasing private sector taxable investment in our county; and
Whereas the one cent optional sales tax is a tax that everyone pays tax— not just property
owners; and
Whereas our municipalities receive about $6 million in shared collected one cent optional sales
tax revenues, along with about $16 million received by the county;
Now, therefore, the Indian River County Chamber of C, erce supports the November 2016
ballNifial, a to Gontinue the County's one cent optional ales tax le v o ano 15 years
Jeff SOP,t, C airman of th"e Board Penny Chander, Pr sident
SchIitt ces Indian River County Chamber of Commerce