A 1 percentage point sales tax increase was backed by Sherwood voters Tuesday night.
On the ballot for the special election, voters were asked to consider two tax questions:
• A one-quarter percent permanent sales tax that is projected to raise $1.25 million annually for the city’s general fund used for operations and city services.
• A three-quarter percent sales tax to support $38.5 million in bond issues for improved traffic flow throughout the city and relief to major flood zones. This tax would cease to be collected once the bond debt is paid, projected to be in 10-13 years.
Unofficial results were:
For the one-quarter percent sales tax 597
Against the one-quarter percent sales tax 556
For the three-quarter percent sales tax 653
Against the three-quarter percent sales tax 514
City leaders said the tax increase will bump up revenue and improve city streets and infrastructure.
Read Wednesday's Arkansas Democrat-Gazette for full details.