Lyon County implemented the 0.5% local option sales tax in 2015 to complete projects on specific county roads that needed resurfacing, as identified in the 2015 capital improvement plan.
Collections of the 0.5% sales tax began on October 1, 2015 to fund projects estimated to cost $9.5 million. Forty-five miles of surfacing were completed at a cost $8.5 million, reducing the anticipated collection period and total amount needed to be collected.
A requirement to terminate the local option sales tax includes providing the Minnesota Department of Revenue written notice before the end of the quarter preceding termination. Collections through the end of June will reimburse the County for surfacing project costs.
“Setting a June 30th termination date of the half percent local option sales tax is an important milestone for Lyon County and Commissioners are excited the projects were completed approximately $1 million less than originally estimated and that sales tax collections will end sooner than anticipated in 2015,” said Gary Crowley, Chair of the Lyon County Board of Commissioners.
press release -- Lyon County sales tax