Mayor Michael Houston says he’d like to raise Springfield’s sales tax to 9 percent to fund a long-term capital improvement plan.
Houston said Thursday that the 1 percent hike could generate up to $18 million in annual revenue. Half of that would go to borrowing for streets, sidewalks and storm sewer repairs. The rest would go into a dedicated fund for updates to the sanitary sewer system and future upkeep of infrastructure citywide.
The Mayor says he doesn’t yet have enough support to pass the proposal, but Alderman Cory Jobe says he’s been working with two other Council members to find a funding method that would be acceptable to Springfield taxpayers. Jobe spoke recently with Peter Gray about efforts to reach a consensus ahead of the spring construction season:
[.mp3 – 2:53]