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Columbia News

Sunday, November 24, 2024

Columbia voters approve extension of capital improvement sales tax

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Mayor Daniel J. Rickenmann | City of Columbia

Mayor Daniel J. Rickenmann | City of Columbia

On August 6, 2024, City of Columbia voters approved a ballot measure to extend the existing Capital Improvement Sales Tax (CIST) for an additional ten years. According to the Boone County Clerk's office, the election results showed 14,110 votes in favor and 5,699 against.

The one-fourth (¼) of one percent sales tax is expected to generate approximately $83 million from January 2026 to December 2035. These funds will support around 40 projects totaling $125.8 million in areas such as streets, sidewalks, and public safety infrastructure. The remaining costs will be covered by development fees, use fees, and county road tax funds.

"The Capital Improvement Sales Tax has been instrumental in enabling us to make significant strides in serving our community," stated a city official. "We’re thankful that the community has again voted to extend it."

Since its inception in 1991, this sales tax has funded infrastructure and public safety projects beyond the scope of the city's annual budget. The previous sales tax period financed 13 road projects, replaced fire trucks, constructed Fire Station 11, and built the Molly Thomas Bowden Neighborhood Policing Center. Nine of these road projects have been completed; the rest are scheduled for completion by 2025 and 2026.

"As Columbia continues to grow, the capital projects we have planned will be aimed at improving the quality of life for all residents," added another city representative.

The city expressed pride in completing or being on track to complete all projects from the previous ten-year period and looks forward to continuing this success over the next decade.

For more information on what this sales tax could fund, visit the Capital Improvement Sales Tax page.

Paid for by the City of Columbia, Missouri • De’Carlon Seewood, City Manager • 701 E. Broadway, P.O. Box 6015 • Columbia, MO 65205

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