Focus Area: Economy
Staff Contact: Lucas Mellinger, Kate Messer
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title:
title
Report from the Street Maintenance Sales Tax (SMST) Finance Oversight Committee on the 2025 Activities.
Body
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recommended motion:
Accept the report
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Summary:
On November 12, 2013, the residents of Olathe approved a 10-year, 3/8th cent Street Maintenance Sales Tax, which the City began collecting on April 1, 2014. The purpose of the sales tax revenue is to finance the cost of repairing, rebuilding, rehabilitating, upgrading, and improving streets in the City of Olathe. On April 25, 2023, the residents of Olathe renewed the 10-year, 3/8th cent tax to be collected from April 2024-March 2034.
With the first term of Street Maintenance Sales Tax, City Council adopted a charter creating the Street Maintenance Sales Tax Finance Oversight Committee. On July 21, 2026 the City Council enacted Resolution 26-1060, reappointing members to the SMST Finance Oversight Committee for the second term of the 10-year sales tax. The SMST Finance Oversight Committee is an advisory body tasked with annual review of the sales tax revenues and expenditures.
On October 12, 2026, the Committee convened for a meeting for an overview of the Street Preservation Program, review of the 2025 financial information, and send the final report to Council for review.
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Financial Information:
In 2025, the Street Maintenance Sales Tax Fund collected $16,982,331 in revenue and expended $17,848,046 via a transfer towards street preservation projects.
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Attachment(s):
A: 2025 SMST Finance Oversight Committee Annual Report