Agenda Item # 4.B.
City Commission Conference Agenda
- Meeting Date:
- 03/10/2014
- Re
- Business Tax Rates
- Submitted For:
- Linda Cox
SUBJECT:
Business Tax Rate - City Clerk
SUMMARY:
In 2008, the City established an Equity Study Commission to review and recommend a revised classification system and rate structure for business taxes. Florida Statutes 205.0535(4) permits municipalities to increase business tax rates no more than 5% every other year by a 4/5 vote of the governing body. This year, 2014, is the year in which the City may review the rates.
Staff is seeking a consensus on the current rate structure.
Staff is seeking a consensus on the current rate structure.
RESPONSIBLE STAFF:
Linda W. Cox, City Clerk
COORDINATED WITH:
City Attorney's Office