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The original item was published from 6/6/2022 3:04:21 PM to 6/6/2022 3:05:55 PM.

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Town of Jackson

Posted on: June 6, 2022

[ARCHIVED] 2022 SPECIFIC PURPOSE EXCISE TAX (SPET) COMPLETED APPLICATIONS

Spet Project

2022 SPET 
COMPLETE LIST OF SUBMITTED APPLICATIONS

The Specific Purpose Excise Tax  (SPET) is an optional, voter approved 1 percent sales tax paid by visitors and residents on most goods and services (excluding groceries) purchased within the county. The funds allow local government and public entities to construct community facilities, infrastructure, and amenities that would otherwise require other sources of revenue such as bonds or increased property tax.

To view all the 2022 SPET applications please CLICK HERE

How are the 6 cents of sales tax utilized?

1st-4th cents 
The State of Wyoming gets 69% of these funds. The balance, 31%, is shared by the Town of Jackson and Teton County, with the split based on population.

5th cent 
The Town of Jackson and Teton County share this funding to support general operations and capital projects. The split is based on population, with a small amount allocated to a Wyoming State administrative fee. 

6th cent
The 6th cent are SPET funds that support voter-approved capital projects sponsored by the Town of Jackson, Teton County, and other public entities.

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