HomeMy Public PortalAboutAB 15-133 Recap of the July 15, 2015 Community ConversationMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 15-133
Meeting Date July 23, 2015
AGENDA ITEM INFORMATION
SUBJECT:
Results of the Community Conversation and Feedback for the Local Option Tax Initiative
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Originator
Clerk
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
n/a
Parks and Recreation
FUNDING SOURCE:
n/a
Airport
Library
TIMELINE:
n/a
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
At the July 15, 2015 Community Conversations, the Council received feedback from the community regarding the Local Option Sales Tax initiative. After months of conversations, formal
and informal, in person and on-line, staff is presenting the following proposed ordinance model:
A local option tax for the period of 10 years
The following tax increments:
1% general sales tax on all taxable sales, excepting groceries and motor vehicle sales.
An additional 6% tax for hotel/motel and short term rentals.
An additional 3% tax on restaurant meals.
An additional 3% tax on sports / recreation equipment rentals.
Using current conservative estimates, this would raise at least $1.4 million. With the slack in the estimates and expected growth in the short-term rental market (Rustic Inn remodel,
RV resort expansion, etc.), this model should reach our minimal goal for annual revenue.
Please see this proposal as a “straw man” to get the conversation started, not a model staff is prepared to advocate.
RECOMMENDED ACTION:
Choose a term and taxing model for the Local Option Tax Initiative and give direction to staff to draft an ordinance for review at the next Council meeting.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION