SF 2302 Summary

• Jackson County may impose a one percent sales and use tax if approved by voters, with revenues used for collection costs and up to $39,000,000 for construction of a law enforcement center and government center.

• County may issue bonds up to $39,000,000 plus issuance costs to finance all or part of the project, with bonds payable from any available county funds including the authorized tax.

• Bonds are exempt from state debt limitations and levy restrictions, and do not require a separate voter approval election.

• Tax expires at the earlier of 30 years after imposition or when county determines sufficient revenue has been collected to pay project costs plus bond-related expenses including interest.

• Any remaining funds after project completion are placed in the county general fund, and the county may terminate the tax earlier by ordinance.