Fountain sales tax rate decreases as of Jan. 1
Last updated 1/8/2020 at 2:03pm
Officials are reminding businesses and shoppers in Fountain that the local sales tax rate has changed, effective Jan. 1.
Sales tax for the city has been lowered from 3.75 percent to 3.4 percent. The decrease is due to the fact that a portion of a tax for street improvements in Fountain has expired after 10 years.
The city had proposed an extension of this part of the tax that was going to sunset at the end of 2019. Known as 2A, the measure would have continued this .35 percent of the street tax, as well as adding another .35 percent to fund additional street improvements and repairs.