Will I still be special assessed?

  • Post category:Sales Tax

The financial plan does not rely on residents paying special assessments.  The special assessment district will still be utilized as a financial back stop on some of the long-term bonding…

What ability to end the tax early is there?

  • Post category:Sales Tax

Sales tax collections of City or County sales tax can cease upon approval of the City or County Commission, respectively. The financial plan envisions a scenario in which, due to…

Why does it need to be extended to 2084?

  • Post category:Sales Tax

A long-term revenue source is needed to secure the long-term financing that helps make the annual payments affordable, much like a home mortgage. The financial plan amortizes the sales tax…

What does this tax pay for?

  • Post category:Sales Tax

Sales tax is expected to fully cover the local portion of the FM Area Diversion Project and other Fargo Flood Control Measures.  The Diversion Project has been determined as the…

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