HANNIBAL, Mo. â A proposal that would raise the city of Hannibalâs sales tax rate by one half cent will appear on the August 2021 ballot. If approved, revenue generated by the tax increase would be used solely for infrastructure improvements.
The ballot measure was brought before the Hannibal City Council during its Tuesday night meeting at city hall by Fourth Ward Councilman Alan Bowen.
âThe city has a long list of necessary infrastructure improvements that without adequate funding continues to deteriorate and grow,â he said.
Consideration was given to raising the cityâs property tax.
âThe cityâs property tax has not been increased since the 1970s. However, increasing this may hurt fixed-income citizens if the city chose to raise property taxes,â Bowen said. âIn my opinion, a low property tax gives incentive to build here as witnessed by many new subdivisions being built within the city.â