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The Board of Directors of the HorseThief Reservoir
Benefit District made the decision to take the bond issue proposal to
the voters at an election held on April 5, 2005.
The voters in the 4-county Benefit
District approved the sales tax. (Hodgeman, Finney, Ford and Gray
counties) The bonds will be retired using a 15/100th of 1% sales tax levied
in those counties.
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The sales tax funding was chosen to not further burden
property owners in our area, and allow the project to be funded by a wider
base of taxpayers, including visitors to our area.
Using conservative estimates, the bonds will retire in
about 14 years, and the sales tax will cease (sunset).
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