Smaller Towns Request Alteration Of Cap Tax Distribution

The Sheridan County Commissioners reviewed a request to alter the way the Capital Facilities Tax revenues are dispersed. The waiver was the same one tabled by the Sheridan City Council on Monday. Sheridan County Commissioner Bob Rolston explains why the County approved the request.

If approved by the Sheridan City Council, the Sheridan County Treasurer could disperse all the cap-tax revenues to Dayton, Ranchester, and Clearmont for approximately two months before reverting back to the agreed distribution percentages. The City is due to review the request again in December.

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