Council adopts 15% school support fee for extended enterprise‑zone exemptions
Council approved a 15% school support fee for years four and five of extended enterprise‑zone property tax exemptions. The fee (recommended by affected school districts) will be administered by the school districts; several operational questions about collection remain unresolved.
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City staff presented a resolution for the council to adopt a 15% school support fee that applies to extended (four‑ and five‑year) Enterprise Zone property tax exemptions. The resolution implements a state rule requiring a school support fee if the city wants to continue offering the extended (4‑ or 5‑year) exemptions beyond the standard 3‑year exemption period.
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