Clearmont Officials Outline Cap Tax Projects

Clearmont will spend $45,000 on utility mapping, and $18,000 to replace valve boxes and gutters if Sheridan County voters approve continuation of the one-cent capital facilities tax in November.

The town in eastern Sheridan County would receive up to $560,000 of the expected tax revenues, and would use those funds to finance an estimated $1,323,000 million worth of projects over the next seven years.

On the immediate horizon for town officials is the utility mapping project, making use of Global Positioning System technology. That project would be scheduled for 2013/2014, and would be funded 100 percent from the capital facilities tax.

Also scheduled for 2013/2014 would be the valve box and gutter replacement, which also would be financed in total by the Cap Tax. Future projects in the coming years would include water line replacement, Railroad Street Green-belt, landfill closure, sewer system upgrades, and rotomilling and overlay of the town's streets.

The remaining projects would be financed partly with capital facilities tax funds, with the balance funded from other sources.

Clearmont Project List:

Replacement of the town's water lines – a 2014/15 project that would be paid for by $7,000 in capital facilities tax revenues, $448,000 from other sources for a total of $455,000.

Park restroom upgrade – 2014/15, $10,000 capital facilities tax, $15,000 other sources, total $25,000.

Park building upgrade – 2014/15, $10,000 cap tax, $5,000 other sources, total $15,000.

Railroad Street Green-belt – 2015/16, $10,000 cap tax, $25,000 other sources, total $35,000.

Landfill closure – 2015/16, $50,000 cap tax, $150,000 other sources, total $200,000.

Sewer system upgrades – 2015/17, $20,000 cap tax, $20,000 other sources, total $40,000.

Street rotomill and overlay – 2020/21, $390,000 cap tax, $100,000 other sources, total $490,000.

Voters will go to the polls Nov. 5 to vote on whether the tax should be continued. Proponents of the capital facilities tax say the one-cent tax will not change the existing 6-cent sales tax in Sheridan County.

Revenues collected from the capital facilities tax are used to fund projects by Sheridan County, the city of Sheridan, and the towns of Clearmont, Dayton and Ranchester.

view counter

Send us a News Tip!

Have a news tip?
Use our anonymous form to let us know.