Article 5. Revenue, Finance & Community Development

1-501. Employee benefits contribution fund.

There is hereby established an employee benefits contribution fund for the purpose of paying the employer’s share of any employee benefits including the employers share of social security tax, workmen’s compensation, unemployment insurance, Kansas retirement fund and all other employee benefits authorized by statutes and there shall be levied an annual tax upon all of the taxable tangible property within the taxing sub-division of the City of Quinter, Kansas, in an amount to be determined by the Governing Body of said city to be necessary for the purposes for which this fund is hereby established and created.

(Ord. 335)

1-502. Capital improvements fund.

(a) There is hereby established a capital improvements fund which shall be used by the City of Quinter to finance, in whole or in part, any public improvement need set forth in the city’s capital improvement plan.

(b) In addition to providing a financing mechanism for paying capital improvement costs, such fund may also be used to pay for engineering and other advanced public improvement plans and studies, with the fund periodically reimbursed from bond proceeds, special assessments or state or federal aid that may be available for the completed project.

(K.S.A. 12-1,118; Ord. 408)

1-503. Municipal equipment reserve fund.

There is hereby established a municipal equipment reserve fund which shall be used by the city to finance the acquisition of equipment, including machinery, vehicles and other personal property, necessary for the future operation of the city.

(K.S.A. 12-1,117; Ord. 409)

1-504. Special sales tax; 1% to assist U.S.D. 293, terminating after 10 years.

The levy of the one percent (1%) Educational Sales Tax and the application of the revenue received therefrom is hereby authorized. In accordance with K.S.A. 12-191, collection of the Educational Sales Tax shall commence on January 1, 2023, or as soon thereafter as permitted by law, and to terminate 10 years after its commencement.

(Ord. 566)

1-505. Intangibles tax; 2.25% on gross earnings.

There is hereby levied in the City of Quinter a tax of two and twenty-five hundredths percent (2.25%) on the gross earnings from money, notes and other evidence of debt, commonly known as intangibles, having a taxable situs in the city.

(Ord. 338)