May 10, 2005 - Special Election, City of Fort Smith

Ordinance No. 19-05
An ordinance calling a special election regarding the continued effectiveness of Fort Smith Ordinance No. 72-85, which provides for the local one percent (1%) sales tax for city streets, bridges and associated drainage, designating a ballot title for use at such election and for other purposes.



Shall the Board of Directors continue the effectiveness of Fort Smith Ordinance 72-85 which levies a local sales (gross receipts) and use tax at the rate of one percent (1%) upon the receipt from the sale at retail within the City of Fort Smith of all items which are subject to taxation under the Arkansas Sales Tax Act (Arkansas Gross Receipts Tax Act of 1941, Act 386 of the 1941 Acts of Arkansas), as said Act has heretofore or many hereinafter be amended, and under the Arkansas Use Tax Act (Arkansas Compensating Tax Act of 1949, Act 487 of the 1949 Acts of Arkansas), as said Act has heretofore or may hereinafter be amended, provided that the maximum local sales (gross receipts) and use tax on any single item of sale or use shall continue to be in the tax sum of $25.00 and provided that the proceeds from such tax shall continue to be designated for City streets, bridges and associated drainage?






Position
Total
FOR continuation of a One Percent (1%) local Sales and Use Tax within the City for streets, bridges, and associated drainage...3,653

66.31%
AGAINST continuation of a One Percent (1%) local Sales and Use Tax within the City for streets, bridges, and associated drainage...1,856

33.69%



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