The sales tax sharing proposal spearheaded by a trio of supervisors in Seneca County has made it out of committee and will go before the full board next month.
The proposal would share 10% of its sales tax revenue with the county’s ten towns and four villages. The proposal is based on the equalized assessed value of each municipality and is estimated to be worth $31 million in the current county budget.
Lodi Supervisor Kyle Barnhart has sponsored the measure to share the revenue, which will be voted on by the full board on May 9.
The measure successfully made it through the Ways & Means Committee by a vote of 3-2. Barnhart and Supervisors Joe Borst and Beth Partee voted in favor, while Supervisors Mike Reynolds and Bob Shipley opposed it.
Shipley argued that given the state’s decision to keep Medicaid reimbursements, the measure could cause county taxes to increase. However, Barnhart noted that much of the sales tax revenue goes to the tax-reduction reserve, a fund that is already very healthy.
Sales tax revenues are ahead of pace for this year, and are expected to remain ahead of pace this year.
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