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NOTE: Shaded text on page 3 reflects changes made after <br />review by the Finance Committee on October 16, 2018 <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 Resolution No. 1913 is hereby repealed.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 10-17-18 <br />RB:bjs Page 1 of 4 1 57 <br />