Title
Wild Spaces Public Places (WSPP) Infrastructure Surtax Ballot Initiative Update (B)
Explanation
Alachua County is proposing a countywide 1% sales tax. One half percent (½%) would be dedicated to continuing the existing Wild Spaces Public Places (WSPP) sales tax that currently expires in December, 2024. The other one-half percent (½%) would be dedicated for the following uses:
• Infrastructure related to housing;
• Repair and maintain existing roads;
• Public Safety Infrastructure.
Like the WSPP sales tax referendum, the City will have to provide a list of “approved” projects. This list is due to Alachua County in mid-April.
Strategic Connection: This initiative meets all five goals of the Strategic Plan.
Fiscal Note
Under the State Distribution Formula, the City of Gainesville would receive 35.45% of the generated tax. The approved term (8, 10, 12 or 16 years) will dictate that estimated generated revenue. The range is estimated to be between $ 69.6 million (8 years) to $ 139.3 million (16 years).
Recommendation
The General Policy Committee hear a presentation from staff.