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From YouTube: Local Option FY 2020 Results
Description
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A
In
march,
2019
voters
overwhelmingly
approved
a
one
cent
local
option:
sales
and
service
tax
to
be
used
for
property,
tax
relief,
infrastructure
upgrades
public
safety
enhancements
and
neighborhood
improvements.
The
first
year
of
numbers
are
in
and
the
local
option
sales
tax
exceeded
expectations
in
fiscal
year
2020.
A
Despite
the
challenges
brought
by
the
covid19
pandemic,
a
strong
first
eight
months
of
revenue
helped
the
local
option
sales
tax,
bring
in
over
38
million
dollars
and
minimize
the
impact
of
covet
19
on
fiscal
year.
2020
results,
as
required
by
state
law.
Half
of
the
funds
raised
by
the
local
option
was
used
to
provide
property
tax
relief
in
the
form
of
a
60
cent
levy
rate
reduction.
The
rest
of
the
funds
raised
went
to
important
street
improvements
and
flood
prevention
projects
across
the
city.
A
Neighborhood
improvements
like
blitz
on
blight
special
investment
districts
and
a
property
improvement
program.
Local
option
funds
were
also
used
to
improve
public
safety
through
hiring
of
additional
firefighters,
as
well
as
funding
a
mental
health
and
mobile
crisis
program.
Through
the
des
moines
police
department,
the
financial
reserve
portion
of
the
local
option.
Sales
tax
revenues
is
designed
to
guarantee
that
the
city
can
continue
to
deliver
on
the
priorities
identified
by
local
option
voters.
A
While
we
anticipate
taking
a
hit
on
local
option
revenue
for
fiscal
year,
2021
reserves
from
this
year
will
help
protect
the
city's
continued
investment
in
the
priorities
that
des
moines
residents
have
asked
for
for
more
information
on
your
local
option.
Sales
tax
visit,
dsm,
dot
city,
slash
local
option.