Homer City Council Looks At Implementing A Seasonal Sales Tax

14 Sep 2019 admin

first_imgThe most popular option is the proposed seasonal sales tax, council members also considered raising the general sales tax by half a percent, implementing a potential bed tax, using the general fund balance, raising property taxes by 1 mill and reappropriating general fund reserves. Facebook0TwitterEmailPrintFriendly分享The Homer City Council held a work session on March 27 to look at potential scenarios for a bond to help cover the cost of the new police station. Homer Mayor Bryan Zak: “We want to move forward making the right decision, but in order to do that we wanted additional time and opportunity to focus on all of the information we already have.”  The 1% seasonal sales tax increase would be in place 6 months out of year. Council members stated that the seasonal sales tax would potentially lessen some of the burden on Homer residents, and shift it more to the seasonal visitors. In a letter to the council from Homer City Manager Katie Koester, selecting a revenue source to make bond payments is a tough subject and may require additional worksessions. In order to put a bond question on the October 2018 ballot, the Council would need to pass an ordinance by the last and only meeting in July. According to the council, the city plans to go out to bond to cover the cost of the new station, estimated at $7.5 million. The city currently has $2.5 million designated to the project. A decision on details for an Ordinance should be hammered out for introduction in June at the latest. The council plans to draft an Ordinance for consideration by Council this summer and a ballot question for the voters in the fall.last_img

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