6th penny talks
CCCOG discusses specific purpose tax and the difference between “penny taxes”
August 22, 2018
The Carbon County Council of Governments (CCCOG) had a special meeting at 6:30 p.m. on Wednesday at the Platte Valley Community Center in Saratoga. The purpose of the special meeting was to discuss the 6th Penny Tax, also known as the Specific Purpose Excise Tax.
This is not to be confused with 5th Penny Tax that is officially known as the One Percent Sales and Use Tax coming up for renewal on the Nov. 6 ballot.
The 5th Penny Tax funds services for all Carbon County communities. Based on a 41-year average it has generated up to six million dollars a year. Each municipality decides where its...