Sales Tax Information

There are several sales tax rates within the City of Sikeston. Breakdown of the rates and the taxing authorities which receive the sales taxes is as follows:

Taxing Authority	Rate Within Scott County	Rate Within New Madrid County	Rate Within Main & Malone TDD*
State of Missouri	.04225	.04225	.04225
County General Revenue	.01000	.01000	.01000
County Transportation		.00500
County Ambulance District	.00500	.00500	.00500
City General Revenue	.02000	.02000	.02000
City Transportation	.00500	.00500	.00500
City Capital Improvements**	.00500	.00500	.00500
Total	.08725	.09225	.09725
**Collection of the ½ Cent Capital Improvement Sales Tax begins April 1, 2016

Use of the Capital Improvement Sales Tax
In November 2015, City of Sikeston voters approved a new ½ Cent Capital Improvement Sales Tax. The City Council pledged that half of the new revenue would be used to offset current capital improvement spending out of the General Fund, thus freeing up funds to make our Public Safety salaries more market competitive, and the other half of the new revenue would fund additional capital improvements in the Streets and Parks divisions.

For Fiscal Year 2016 (July 2015-June 2016), the Council had approved spending from the General Fund balance (in anticipation of passage of the new sales tax) for a $3,000 raise for all sworn positions. In December 2015, after passage of the sales tax, the City Council approved an additional $4,000 raise for Public Safety Officers, $2,000 for detectives, $2,000 for sergeants, $3,000 for lieutenants, $3,000 for captains, and $2,500 for communications officers (dispatchers). These raises will become effective in July 2016 after the city starts receiving distributions of the new sales tax. These raises are projected to cost $613,324 in FY2017 (including merit increases), $656,692 in FY2018 (including merit increases), and $780,366 in FY2019 (including merit increases and a 2% COLA). This plan complies with the Council’s pledge to spend half of the projected $1.4 million in new revenues on Public Safety salaries.

Expenditures on parks and streets will be decided during the budget process each year. Annually, the city adopts a Capital Improvement Plan that outlines the needed projects, and then the City Council decides which projects are the highest priorities for funding in the upcoming budget year. Several years of budgets, audits, and capital improvement plans can be found on the Financial and Annual Reports page of the city’s website.

Expenditures from the Capital Improvement Sales Tax will be continually tracked on this page.

Fiscal/Budget Year	Project Description	Project Cost


*Projects will be recorded here as they are completed, beginning with the FY2017 fiscal year, which begins July 2016.*