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Who Pays and How Much?
To implement this new approach, funds will be needed at the onset to acquire the land for these regional facilities and to address many existing storm water problems.
The proposed funding plan includes a variety of sources which reflects the wide responsibility for storm water management.
The sources are:
• A 1/8 of one percent sales tax,
• A storm water utility charge,
• A capital charge for new development,
• Revenue from existing sources such as the mill levy and the Johnson County Storm Water Management program (SMAC).
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the following be adopted?
Shall the retailers' tax in the amount
of one-eighth of one percent (.125%) be levied in
the city of Lenexa, Kansas (the "City"),
for the purpose of paying the cost of improving the
City's storm water system, including purchasing land,
constructing storm water improvements with recreational
amenities and paying the principal of and interest
on revenue bonds issued to pay the cost of such storm
water system improvements and all things necessary
and related to such improvements; provided that such
retailers' sales tax shall expire five years from
the date of imposition, all pursuant to K.S.A. 12-187
et seq., and K.S.A. 12-195?
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