pella-city-council-2023

The Pella City Council will consider a resolution about the local option sales and services tax (LOSST) revenue allocation agreement with Marion County during their meeting tonight.

In 2011, the council approved an agreement with the City of Knoxville and Marion County in which the county allocated 8% of countywide LOSST revenue to Pella and 4% to Knoxville. The City of Pella received approximately $440,000 annually from this agreement. Tonight’s proposed resolution item contains the same financial terms as the previous agreement but the term of the proposed agreement is from January 1st, 2024 through December 31st, 2025. Additionally, the proposed agreement contains new terms, including $25,000 of the funds provided by the county being designated as the local match for Pella’s Enhance Iowa Grant application and the allowance of the parties to terminate the agreement if the state passes legislation which materially changes the distribution of LOSST funds. The Marion County Board of Supervisors are scheduled to formally consider this agreement on February 13th.

Tonight’s meeting begins at 6 pm in the Pella Public Safety Complex.