What prevents this $60 million SPET tax from funding something else instead of going away?
This SPET tax is a 1 cent sales tax, not a property tax. To be placed on the ballot a SPET tax must be for a specific $ amount, $60 million for these projects. Two of the three Town Councils and the County Commissioners must vote to put the proposition on the ballot. When the $60 million is collected the tax can no longer exist. There is no legal way for it to be collected for any other purpose.