Proposition P is a proposal to continue the current 1/2 cent Capital Improvement Sales Tax that has been in place since 2013. Revenue from this 1/2 cent sales tax provides funding for capital improvements to city streets and parks.
Lake Saint Louis voters will have the opportunity to vote on Prop P on the April 5, 2022 ballot:
Proposition P - Ballot Language
Shall the municipality of Lake Saint Louis continue to levy a sales tax of one half of one percent for the purpose of funding capital improvements as originally approved in August 2013?
Revenue from this sales tax shall fund capital improvements, including the operation and maintenance of capital improvements such as asphalt, concrete streets, park trails, pavilions, playgrounds, restrooms, recreation fields and other park improvements. Passage of this measure will not increase the City’s overall sales tax rate.
KEY FACTS ABOUT PROP P
- The half-cent Capital Improvement Sales Tax was first approved by voters in 2013. Since then, revenue generated from this sales tax has provided over $12 million in funds, with two-thirds dedicated to street maintenance and improvements and one-third dedicated to park maintenance and improvements.
- Prop P is a proposal to continue the current 1/2 cent captial improvement sales tax.
- Prop P will not impose a new tax.
- Passage of Prop P will not increase the City's overall sales tax rate.
WHAT DOES THE TAX PROVIDE?
Revenue generated from the Capital Improvement Sales Tax funds capital improvements and maintenance for city streets and parks. Additionally, the City has used these funds to acquire state and federal grants that have fund matching requirements.
HOW HAS THE REVENUE BEEN USED?
- Annual Asphalt Overlay Program
- Annual Concrete Slab Replacement Program
- Annual Asphalt Pavement Preservation Program
- Lake Saint Louis Boulevard Reconstruction project
- Freymuth Lane Widening Improvement project
- Founders Park Playground Area Renovation project
- Installation of Waterfall Feature at Veterans Park @(Model.BulletStyle == CivicPlus.Entities.Modules.Layout.Enums.BulletStyle.Decimal ? "ol" : "ul")>
- Development and opening of Deer Ridge Park and Trailhead
- Replacement of flooring at Zachary's Playground
- Boulevard Park Playground renovations
- Replacement of lighting at Founders Park Ball Fields
- Updated lighting in pavilions and bollards throughout parks
- Installation of new security cameras throughout parks @(Model.BulletStyle == CivicPlus.Entities.Modules.Layout.Enums.BulletStyle.Decimal ? "ol" : "ul")>
IF PROP P PASSES:
The City of Lake Saint Louis would continue to collect the current 1/2 cent Capital Improvement Sales Tax to provide funding for capital improvements to city streets and parks.
IF PROP P FAILS:
The City's annual Capital Improvement budget for streets and parks would decrease by approximately $2 million each year. As a result, the City would not be able to maintain the current funding levels for our streets and parks capital improvement projects. Future planned projects and annual maintenance items would be scaled back and some would be cut completely. Additionally, the City could miss out on potential grant opportunties that have a fund matching requirement.