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City Council Sets Ballot for Charles City LOST Tax Use

Charles City voters will be asked to approve another one-cent local option sales tax (LOST), but with a slightly different way revenues from the tax will be spent.

The City’s current LOST tax is set to expire December 31, 2022 and will conclude a 10-year run with 100% of the funds generated targeted for road and street improvements. The City is seeking another 10-year LOST tax beginning January 1, 2023, but with 90% of the tax revenue going to street upgrades and 10% going towards public safety. 

The City Council Monday night approved a resolution to put the measure before voters March 1, 2022. Councilman DeLaine Freeseman voted in favor, but had reservations if the 90-10 tax split is the right thing to do. Still, he said passage is vital to the City.

Mayor Dean Andrews added that voters realize the benefits the LOST tax revenues provides for city projects.

Voters in the unincorporated areas of Floyd County will also be voting March 1 on its own separate one-cent LOST tax. Like Charles City’s, Floyd County’s current tax expires at the end of 2022 and, if approved, the next tax would begin January 1, 2023. The county has elected to continue spending 100% of LOST tax money on secondary roads throughout the county.  

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Mark Pitz

News Director
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