Proposal to renew Raytown's 1/8 cent Parks & Stormwater tax at current level means Parks deficits inevitable
The Raytown Board of Aldermen is discussing a proposal to continue the parks and stormwater sales tax at the current 1/8 cent level, which will guarantee Raytown Parks run at a deficit for the next 10 year. The alternative is a modest increase in the parks and stormwater sales tax to 1/4 cent. The 1/4 cent proposal Is very modest in cost - just an extra 1.25 cents on every $10 spent, or 12.5 cents on a $100 purchase Keeps the parks budget out of deficit spending Allows very modest enhancements to parks Doubles stormwater funding from this tax Why is a modest tax increase needed now to keep Raytown Parks out of deficit spending? Because, in real dollars, Parks revenue is currently at 54% of what it was in 1995.