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HomeMy WebLinkAbout03/02/2011 6B DATE SUBMITTED AGENDA BELL CITY OF BREMERTON CITY COUNCIL 65 SUBJECT: Ordinance No 51 I pealing Committee Meeting Date 02 -22 -2011 Chapter 3 44 entitled "Admissions Tax" in its COUNCIL MEETING Date 03 -02 -2011 entirety Department Finance Presenter Becky Hasart Phone 360 -473 -5722 SUMMARY: The City of Bremerton currently charges an admissions tax for "public performances, etc" in addition to business and occupation (B &O) tax For 2010, the city collected $22,053 from eight payers Given the nature of the businesses subject to admissions tax and the City's commitment to become more "business friendly," it is recommended that the admissions tax be repealed Existing businesses would still be subject to obtaining a business license, and if they meet the criteria, would still be subject to B &O taxes ATTACHMENTS: Executive summary regarding Admissions Taxes and proposed Ordinance No 5'14 ,9L— repealing Chapter 3 44 of the Bremerton Municipal Code entitled "Admissions Tax" in its entirety FISCAL IMPACTS (Include Budgeted Amount). Admissions tax is budgeted for $17,000 in 2011 This amount would not be realized if this tax is repealed APPROVALS: DEPARTMENT DIRECTOR - CITY ATTORNEY FINANCE DIRECTOR MAYOR COMMITTEE CHAIR -0 COUNCIL PRESIDENT CONSENT AGENDA ❑ GENERAL BUSINESS PUBLIC HEARING ❑ RECOMMENDED MOTION: Move to approve Ordinance No 5 ' 142 repealmg Chapter 3 44 of the Bremerton Municipal Code entitled "Admissions Tax" in its entirety COUNCIL ACTION: Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action