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Council asks staff for revenue options analysis — TOT, cannabis tax, utility user fee among items discussed
Summary
Staff and councilors discussed exploring additional revenue sources, including transient occupancy tax (TOT), cannabis taxes and expanded utility user fees; staff proposed timelines for preliminary reports and further study.
Westminster staff told the City Council on April 28 that they will analyze a set of potential new revenue options and return with reports to help the council decide whether to pursue any proposals.
“Explore other opportunities to generate revenue for the city, including transient occupancy tax, cannabis taxes, digital billboard revenues and expanded utility user tax,” the facilitator read from the draft objectives, and council members and staff discussed how to sequence analysis and outreach.
City Manager Christine said staff did not provide advance spreadsheets or detailed revenue estimates so the workshop discussion…
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