Agenda Item # 12.a.
City Commission Regular Meeting
- Meeting Date:
- 06/15/2020
- Re
- 20-013 BTR Fees
SUBJECT:
Ordinance 20-013 reducing Business Tax Receipt fees by 5% for the next two years.
SUMMARY:
Florida Statutes Section 205.0535(4) provides that municipalities and counties may, every other year, increase or decrease by ordinance the rates of business taxes by up to 5 percent. However, an increase must be enacted by at least a majority plus one vote of the governing body; and
At the City Commission regular meeting of May 18, 2020, the Mayor and City Commission directed the City Clerk to prepare the ordinance to DECREASE business tax receipt fees for 2020.
At the City Commission regular meeting of May 18, 2020, the Mayor and City Commission directed the City Clerk to prepare the ordinance to DECREASE business tax receipt fees for 2020.
RECOMMENDATION:
Adopt Ordinance 20-013
ALTERNATIVES:
Adopt with modifications.
RESPONSIBLE STAFF:
Linda W. Cox, City Clerk
COORDINATED WITH:
n/a
Fiscal Impact
OTHER INFORMATION:
Estimated reduction in annual revenues of approximately $13,700.00.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| City Manager | Nick Mimms | 06/07/2020 09:28 AM |
- Form Started By:
- Linda Cox
- Started On:
- 06/02/2020 02:59 PM
- Final Approval Date:
- 06/07/2020