Rochester; approved uses of collected local sales tax funds amended.
Introduction and first reading, referred to Taxes
Summary
The bill changes how Rochester can use revenue from its extended local sales tax, directing $50 million each to an economic‑vitality fund and street reconstruction, $40 million to flood‑control and water‑quality work, and $65 million to a sports‑recreation complex. It also caps the city’s bonding authority for these projects at $140 million and bars collection for the sports complex after June 30 2026. The changes affect Rochester’s budgeting, bond financing, and future tax collections.
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