Board Bill No. 137 | Session 2018-2019

An ordinance revising and amending Ordinance No. 62885, which imposes a one-half of one-percent sales tax, known as the Capital Improvements Sales Tax,

An ordinance revising and amending Ordinance No. 62885, which imposes a one-half of one-percent sales tax, known as the Capital Improvements Sales Tax, on all retail sales made in the City of St. Louis which are subject to taxation under the provisions of Sections 144.010 to 144.525 R.S.Mo., and providing for the allocation of such funds for the purpose of funding capital improvements, including allocations for ward capital improvements, so that allocations for ward capital improvements for each ward shall be made based upon each ward's "need", such need to be determined pursuant to an annual analyses conducted by the St. Louis Development Corporation of the following six data points for each ward: Median Household Income, Poverty Rate, Educational Attainment (percentage of college graduates), Unemployment Rate, Crime Rate (crimes against persons; murder, rape, robbery, aggravated assault), and Vacant Parcels per ward; and containing a severability clause.

Legislative History

Overview

Session:2018-2019
Sponsor: Frank Williamson
Co-Sponsors: Megan E. Green
Committee: Housing, Urban Development and Zoning
Actions: 10/12/2018 First Reading

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