Common Council Regular Meeting - Includes Action Items
Return to the Search Page
Return to the Agenda
Agenda Item No. H.2.
Item Requested By:
Contact Phone Number:
Type of Agenda Item:
Presentation w/Action, Direction to Staff, New Business
This project addresses the below Priority Area(s) and relates to the listed Specific Initiative(s):
Consider Approving a Notice of Intent to Increase one or more Transaction Privilege Tax Categories -
Vince Lorefice, Town Manager
At the Council meeting on February 16, 2021, staff was directed to bring back additional information on possible transaction privilege tax increases. An increase to any of these categories is a process that takes several months. If direction is given at this meeting to begin the process, the soonest the new rate(s) could go into effect would be July 1, 2021.
At this time, staff is only looking for a consensus on whether or not to begin the process, and if so, for which categories, and whether there are there any restrictions Council may desire such restrictions provided in Ordinances 1150 and 1174.
Should Council decide to move forward, staff will post the Notice of Intent to increase on the Town's website and other areas to notify the public. Then, the soonest this could be brought back to Council for further discussion and adoption of an Ordinance would be at the May 17, 2021 regular meeting.
I move to approve the Notice of Intent to begin the process of increasing the transaction privilege tax rate in the following categories: _____________________; with the increase being distributed to (ex. General Fund, Bed Tax, Etc.) __________________________.
Tax Rates in AZ
Form Started By:
03/04/2021 08:50 AM
Final Approval Date:
AgendaQuick ©2005 - 2021 Destiny Software Inc. All Rights Reserved.