Formerly known as the One-Cent Optional Sales Tax, the General Purpose Excise Tax is returning to the ballot this year.
The one-cent sales tax is levied on sales in the city with the exception of food. The money raised from the GPET goes to pay for projects that may not otherwise be funded by the council.
Sheridan Mayor Rich Bridger.
Mayor R. Bridger
Some of these expenses include public works such as the resurfacing of streets and the filling of potholes.
Sheridan City Councilman Aaron Lindon.
A. Lindon
These funds helped to purchase the new ladder truck for the Sheridan City Fire-Rescue, new pathways at Gateway Park and even drainage improvements throughout Sheridan.
Other projects include parks and recreation, beautification projects and some projects chosen by the residents of Sheridan.
Mayor R. Bridger
The money is also used to help fund the many 501(c)(3)s in Sheridan. This year, 16 applicants applied for GPET funding and all of the organizations received a certain amount of the funds except for the North Main Association. In total, the Council approved $389,000 to be allocated to the 15 different organizations.
In November, voters will decide whether to continue to levy the tax, which, according to the City, has been approved consistently since the 1980s.
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Last modified: October 13, 2022