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FIN 2018-10-16 Item 2C - Resolution - Business License Fees
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FIN 2018-10-16 Item 2C - Resolution - Business License Fees
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1/14/2021 12:12:55 PM
Creation date
10/11/2018 9:18:46 AM
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Council Committees
Committees Date (mm/dd/yy)
10/16/18
Committee Name
Finance 2017-2020
Record Type
Agenda Packet
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LJ <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF TUKWILA, WASHINGTON, REPEALING <br />RESOLUTION NO. 1913 AND ADOPTING A <br />REVISED BUSINESS LICENSE FEE SCHEDULE. <br />WHEREAS, the City has analyzed current business license fees; and <br />WHEREAS, the State of Washington's streamlined sales tax mitigation payments <br />are being phased out in 2019 and will cease in 2020, thereby reducing General Fund <br />revenue by $1.2 million annually; and <br />WHEREAS, sales tax revenue, due to destination -based sales tax distribution rules, <br />has not grown at the same rate as expenditures; and <br />WHEREAS, the City is seeking to take a balanced approach to ensure that ongoing <br />expenditures are paid for with ongoing revenue; <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, <br />WASHINGTON, HEREBY RESOLVES AS FOLLOWS: <br />Section 1. Repealer. Resolution No. 1913 is hereby repealed. <br />Section 2. Fee Schedule. For 2019, Business License fees will be charged <br />according to the following schedule: <br />(continued...) <br />W:\Word Processing\Resolutions\Business license fee schedule revised 10-10-18 <br />RB:bjs <br />Page 1 of 4 1 7 <br />
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