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HomeMy Public PortalAbout2019_10_22_R163 Business, Professional and Occupational License TaxThe Town of Leesburg, Virginia PRESENTED: October 22, 2019 RESOLUTION NO. 2019-163 ADOPTED: October 22, 2019 A RESOLUTION: INITIATING AMENDMENTS TO THE BUSINESS, PROFESSIONAL AND OCCUPATIONAL LICENSE TAX PROVISIONS OF THE TOWN CODE TO BRING THEM INTO COMPLIANCE WITH STATE CODE REQUIREMENTS APPLICABLE TO LOCALITIES WITH POPULATIONS GREATER THAN FIFTY -THOUSAND WHEREAS, Virginia Code § 58.1-3703 authorizes localities to impose local license taxes and fees, and provides a structure for such fees and taxes with separate tiers based on the population of the locality; and WHEREAS, the Town has enacted Business, Professional and Occupational License ("BPOL") Tax provisions based upon a Town population below 50,000; and WHEREAS, population figures approved for use in accordance with Virginia Code § 58.1- 3703 currently estimate the Town's population at over 50,000; and WHEREAS, the Town Council wishes to consider appropriate amendments to Town Code chapter 20 (Licenses, Taxation and Miscellaneous Regulations), Article IX (Business, Professional and Occupational License Tax), in order to bring those provisions into compliance with state law applicable to localities with a population over 50,000; and WHEREAS, changing the Town code in accordance with Virginia Code § 58.1-3703 will result in an estimated $25,000 in lost revenue to the town and raising the flat fee BPOL rate from $20 to $40 will make compliance with Virginia Code § 58.1-3703 revenue neutral. THEREFORE, BE IT RESOLVED, by the Council of the Town of Leesburg in Virginia that amendments to the Town Code are hereby initiated so that the Town Council may consider amendments to Town Code chapter 20 (Licenses, Taxation and Miscellaneous Regulations), Article IX (Business, Professional and Occupational License Tax) as necessary to bring the BPOL -2- A RESOLUTION: INITIATING AMENDMENTS TO THE BUSINESS, PROFESSIONAL AND OCCUPATIONAL LICENSE TAX PROVISIONS OF THE TOWN CODE TO BRING THEM INTO COMPLIANCE WITH STATE CODE REQUIREMENTS APPLICABLE TO LOCALITIES WITH POPULATIONS GREATER THAN FIFTY -THOUSAND fees and taxes imposed by the Town into compliance with state law applicable to localities with a population over 50,000 and to raise the flat fee BPOL rate from $20 to $40. PASSED this 22nd day of October, 2019. Town of Leesburg ATTEST: Clerk of Council LF\LeesburgRMS\Town_Clerk\Resolutions\2019\1022 Business, Professional and Occupational License Tax