Two communities in north Idaho, Sandpoint and Ponderay, could be asking voters in November for permission to assess a local option sales tax on goods and services, according to a story in the Bonner County Daily Bee. The two city councils are looking at a tax of between 0.5 and 3 percent. A 60 percent approval figure is needed to enact the tax.
Ponderay and Sandpoint city councils met in joint session Tuesday night to discuss the possibility of adding a local option tax to the ballot this November. While the particulars of the proposed tax will be ironed out in the coming weeks, it will likely be a sales tax on goods and services between 0.5 and 3 percent.
Figures from the cities indicate a 0.5 percent tax bring in $612,500 per year. A 3 percent tax would realize$3.6 million annually.
STAY CONNECTED with the latest news, research and opinions from the Gem State.