With Iola paying $300,000 annually in sales tax revenues to Allen County, the city’s ability to fund major capital improvements will be limited in the coming years, City Administrator Carl Slaugh said.
On Monday, Slaugh discussed capital improvement projects with Iola City Council members.
The city agreed in 2010 to earmark one-quarter percent of its sales tax revenues, or $300,000, to the county to help provide startup capital for a new Allen County Hospital.