Due to a better than expected performance of Wasilla sales tax, the city is lowering the rate sooner than was planned. Back in 2001, the city council increased the sales tax to fund the purchase and construction of the Curtis D. Menard Memorial Sports Center, raising it from 2 percent to 2.5 percent. This ordinance gave Wasilla until April of 2011 to repay the debt, but because city revenue has exceeded expectations, the sales tax rate will be reduced by half a percent starting July 1st, adjusting back to 2 percent.
For more on this story and other Wasilla AK news, visit Frontiersman online.
Planning on buying or selling real estate in Wasilla AK? Contact the experienced, hard-working Kristan Cole Team today and get the professional assistance you need to be well on your way.
Contributed by Kristan ColeContact Me | (907) 373-3575 | www.KristanCole.com
Complimentary Wasilla Real Estate Search
