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Finance committee takes a look at LOST spending

Summary by Spencer Daily Reporter

The Spencer City Council’s finance committee is getting a fresh look at how they’ve been allocating city sales tax revenues, and several members said it might be time to revisit the idea of using local option sales tax (LOST) revenue to reduce taxpayers' property tax burden.

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Spencer Daily Reporter

Finance committee takes a look at LOST spending

The Spencer City Council’s finance committee is getting a fresh look at how they’ve been allocating city sales tax revenues, and several members said it might be time to revisit the idea of using local option sales tax (LOST) revenue to reduce taxpayers' property tax burden.

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Spencer Daily Reporter broke the news in 2 days ago on Friday, February 21, 2025.

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