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Referral placed to move personal property replacement taxes into escrow, sent to Finance and Budget
Summary
The committee referred a request to place personal property replacement taxes in escrow to the Finance and Budget Committee, with a recommendation to schedule consideration in the next quarter.
The Referrals Committee referred an item to place personal property replacement taxes into escrow to the Finance and Budget Committee and recommended that it be scheduled in the next quarter.
Committee members indicated the item would likely require little staff preparation. One member asked whether there was any timing constraint; staff answered they were not aware of any and that “sometime in the next quarter seems reasonable.” The motion to refer carried 2–0.
The referral is a request to send the proposal to Finance and Budget for review; the meeting record does not show any policy adoption or financial action taken at this session.
