Prattville council to consider sales tax extension - WSFA.com Montgomery Alabama news.

Prattville council extends sales tax to 2031

PRATTVILLE, AL (WSFA) -

The Prattville City Council voted Tuesday evening to extend the current 9.5% sales tax rate until 2031 or until the city's long-term debt is paid off.  The current 9.5% sales tax rate was scheduled to roll back to 9.0% in January 2013, and 8.5% in October 2013. 

The sales tax was first increased in May 2011, and the increase was extended in December of that year.  The additional revenue is targeted for debt payments.  Council members felt the move would provide the city with long-term financial stability.

The city's budget for the next fiscal year is based on a 9.0% sales tax rate.  Mayor Bill Gillespie said that will remain the case, but he will review the numbers.  The four returning council members formed the majority of those who voted for the extension.

Copyright 2012  WSFA 12 News.  All rights reserved.

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