Proposition - Sales and Use Tax

"Shall the governing body of the City of Ogallala, Nebraska, fund construction, improvement, maintenance, and replacement of municipal Street, Sewer, Water, and Storm Water infrastructure projects by imposing a sales and use tax in the amount of one-half percent (0.5%) in addition to the one-and-one-half percent (1.5%) currently in effect, upon the same transactions within the City of Ogallala on which the State of Nebraska is authorized to impose a tax, subject to the following terms and conditions: 1) Use of Additional Tax. The proceeds from the additional City sales and use tax referred to in this Proposition shall be used solely for construction, improvement, maintenance, and replacement of municipal Street, Sewer, Water, and Storm Water infrastructure projects within the City, with one hundred percent (100%) of the revenue collected to be used for the purposes of the Interlocal Agreement for public infrastructure improvements between the City and a political subdivision within the City of Ogallala or Keith County, Nebraska, which will benefit from infrastructure improvements. 2) Termination of Tax. The additional City sales and use tax of one-half percent (0.5%) referred to in this Proposition shall be in effect from April 1, 2027 through March 31, 2037. The sales and use tax of one-half percent (0.5%) referred to in this Proposition shall automatically terminate March 31, 2037.