CODY Two years ago, Park County voters approved a short term, one penny tax to fund specific infrastructure projects in the County. In less than two years, the County has reached its goal.
The extra penny tax will end at the end of March – a full five months earlier than the county originally projected.
Park County Treasurer Barb Poley says much of the tax dollars came in during the summer months, with tourists paying in a large portion of the $13.68 million dollars.
The funds were divided primarily into projects for the three major communities – Powell, Cody and Meeteetse. Cody and Meeteetse are putting the money to use improving water and sewer infrastructure, with Cody also doing some street improvements, and Powell has a street project that’s long overdue.
Powell’s Economic Development Director Christine Bekes pointed out that the success of the one percent tax showed Park County residents that they now have another tool they can use to fund large projects.
The one percent sales tax will go away at the end of March – but for local leaders, the money raised over the last two years will now be put to work, improving the lives of county residents.