Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the City Finance topic
No spam. Unsubscribe anytime.
Piedmont council directs staff to draft 1% emergency-services sales tax language
Summary
After closed session, the council discussed options to shore up reserves and agreed staff should prepare wording for a 1 percent sales tax dedicated to emergency departments (police and fire); council also discussed utility rate increases and property tax options.
Get email alerts on the City Finance topic
No spam. Unsubscribe anytime.
Following an executive session, Mayor William H. Kirkpatrick led a council discussion of three revenue options to address dwindling reserves: higher utility rates, higher real-estate taxes, or a local sales tax earmarked for emergency services. Council members agreed that staff should begin drafting wording for a 1 percent sales tax dedicated to police and fire services.
Mayor Kirkpatrick told the council that the city’s sewer loan payments exceed $333,000 per year and that reserve balances had been reduced by high sewer payments and slow sales tax receipts. The council did not adopt any taxes at the meeting; it directed staff to prepare draft language for council review at a future meeting.
