- Home
- City Government
- City Commission
- El Dorado Sales Tax Program
El Dorado Sales Tax Program
El Dorado One Cent Sales Tax
The City of El Dorado has voted in favor of a one-cent sales tax since 1989. The current sales tax began October 1, 2024.
Currently, City Ordinance G-1281 states:
- $1,650,000 is allocated to property tax reduction, the equivalent of approximately 17.5 mills
- $700,000 is allocated to street rehabilitation, including $600,000 for the city's annual mill and overlay program and $100,000 for minor street maintenance such as crack sealing and pothole patching
- Funds in excess of $2.35 million are allocated to the Excess Sales Tax program for capital projects approved by the City Commission
Each City Commissioner nominates one individual, the Mayor nominates two individuals and the Planning Commission nominates one individual within the city to the Excess Sales Tax Committee. The committee makes recommendations for the use of excess sales tax and submits them to the City Commission for consideration.
Per Ordinance, the excess sales tax can be used for additional street rehabilitation and capital expenditures. Capital expenditures are described as "an addition or structure that enhances the value of a property, a replacement or upgrade that extends the life of an asset or equipment acquisition." Street rehabilitation is described as "maintaining and rehabilitating the existing geometrical alignment of improved city streets, which included portions of curb and gutter removal and replacement, mill and overlays, pavement replacement, and pavement related to storm drainage facilities."
Sales Tax Projects
-
Graham Park Playground
-
Graham Park 1/2 Basketball Court
-
Riverview Playground
-
Splash Park at Graham Park
-
Playground at North Main Park
-
Fire Fighter Training Ground Facility
-
East Park Pavilion