Lots of folks have been asking my opinion about the upcoming referendum in Santa Rosa County to go to a penny Local Option Sales Tax as Escambia County has done for the last 27 years.
I was asked to give my opinion, which I did when I spoke in a commercial for the folks that are backing the penny. In the commercial I discussed some of the ways this tax has been beneficial to Escambia County over the years.
Obviously, though, this is a vote and a decision that belongs exclusively to the citizens of Santa Rosa County. And they will decide this question next Tuesday in a special election.
But as it relates to my experience--I can tell you unequivocally--Escambia County's Local Option Sales Tax (LOST) has been invaluable for Citizens here over the years.
Escambia County's LOST has been maintained by the electorate since 1992 as follows:
LOST I June
1, 1992 (for 7 years per ordinance)
LOST II May
13, 1997 - May 31, 2007 (per ordinance)
LOST III June
1, 2007 - December 31, 2017 (per ordinance)
LOST IV January 1, 2018 to December 31,
2028
According to staff with whom I have spoken--the total revenue generated over these years amounts to a massive figure: $1,057,564,174.00 total including LOST IV's revenue in 2019 YTD. So this equates to an average of $39 Million Dollars yearly over this period that Escambia County has utilized to modernize our facilities, parks, and infrastructure. We have also utilized this revenue to purchase facilities and equipment, vehicles, and other items for the Sheriff's Department. Escambia County Fire Rescue has also had fire facilities and equipment purchased with this revenue. Because we had this revenue, we have also had the financial resources to lure huge companies to our County with economic development incentives--notably Navy Federal Credit Union and ST Engineering Aerospace.
The School Board in Escambia County (of which I was a member for 10 years) also had their own 1/2 penny LOST--which was used to build entire schools and finance the purchases of modern School Bus Fleets and tremendous numbers of renovations and upgrades at 57 school campuses county-wide. When I was a school board member--I often wondered where our schools would have been, from a facilities perspective, without this revenue source.....Answer: We would have been in DIRE STRAITS.
So no one knows for certain how Santa Rosa County will vote on this--again it is up to the voters and we will all see on Tuesday which way it goes over there. For my part, I ALWAYS loved the fact that the sales tax method reduced the burden on property tax payers, it put everyone into the mix by taxing purchases by everyone (including tourists and folks that do not own property or work but who are nevertheless hyper-consumers of alcohol, tobacco, bling, iPhones, and other products upon which this tax is levied.) In short, it forces everyone to put "skin in the game".
It has been excellent for Escambia.
We shall see if Santa Rosa property owners see this and vote appropriately on Tuesday--it will be in their interest to do so, in my opinion
1 comment:
Yes. Did we raise the TDT to 5 cents yet? Yes take the burden off the locals and property owners.
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