THE TRIBUNE'S VIEW ; TDD Audit
Henry J. Waters, III, Columbia Daily Tribune (Columbia, MO)
Columbia has more than its share of transportation development districts. These projects are proposed by developers and approved routinely in circuit court with no local government oversight. They authorize developer landlords to require tenant stores in shopping centers to charge higher sales taxes with the money used to finance associated infrastructure, like roads and interchanges. Tax rates typically range from a half-cent to 1 cent higher in affected stores.
State Auditor Susan Montee examined the proliferation of such districts and last week issued a report criticizing the lack of oversight by taxpayers through their local governments. She said TDD sales taxes come …
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Publication information: Article title: THE TRIBUNE'S VIEW ; TDD Audit. Contributors: Henry J. Waters, III - Author. Newspaper title: Columbia Daily Tribune (Columbia, MO). Publication date: July 28, 2007. Page number: Not available. © 2007 Columbia Daily Tribune. Provided by ProQuest LLC. All Rights Reserved.
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