Commissioners back partial BIT use and MVRT increases; city IGA details remain under negotiation
Several commissioners signaled support for using some one-time sale proceeds (BIT) combined with motor vehicle rental tax adjustments rather than increasing the transient lodging tax; county attorney said the IGA with the city can include revenue-sharing mechanisms but details are still being negotiated.
The full story
After the county finance presentation, commissioners largely signaled support for funding approaches that avoid raising the transient lodging tax and instead rely on some combination of onetime proceeds (BIT) and motor vehicle rental tax (MVRT) adjustments.
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