After much discussion and review of anticipated revenues, the Board of the City of Fredericktown voted to let the citizens of our community determine whether or not they wish to proceed with a variety of projects over the course of the next 10 years. The proposed tax will sunset at the end of the 10 year period. In addition, the City Council shall repeal the Park Tax that is assessed on the real estate/personal property taxes assessed each year.
This November, citizens will have the choice to implement a 1 cent general sales tax that will fund the following projects:
• Sports complex
• Park and Quality of Life improvements
• Teen Town upgrades
• Fire Station renovations
• Enhanced funding for capital improvement purchases, street and drainage programs
• Pool renovations and maintenance
• City Lake improvements
• Police Station upgrades
• Economic Development funding
The new revenue stream will provide a conservative estimate of $ 725,000 annually to the city’s general fund or $7.25 million over the 10 year period. The board shall pass a resolution that will commit the current members to insuring that the monies will be appropriated in the following manner:
• 30% Quality of Life/Parks…..$2.175 million
• 30% General Fund……$2.175 million
• 30% Capital Improvements…..$2.175 million
• 10% Economic Development…$ 725,000
The Board believes it is essential that the citizens be given the opportunity to vote on this proposal, as these projects have been mentioned within our community for a number of years, and a successful vote will pave the way for Fredericktown to create a more positive environment for our children and insure we are meeting the needs of our citizens in the future.
In 2018, we will celebrate our Bicentennial, we have a proud history, and our best days are ahead, this is an opportunity to continue our investment into the next generation.
Members of our speaker’s bureau would welcome the opportunity to meet with your organization and discuss this proposal at any time you may choose.
Sincerely, and Always Fredericktown Proud!
Kelly Korokis, Mayor
Rick Polete, President of the Board – Alderman Ward II
Harold Thomas – Alderman Ward I
Paul Brown – Alderman Ward I
Deena Ward – Alderman Ward II
Jim Miller – Alderman Ward III
Loretta Brown – Alderman Ward III