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HomeMy WebLinkAbout2018-10-29 - Open House - Business License Fees (4:30 pm at City Hall) City of Tukwila 1LA wQs� Business License Fee Open House �• 4 Monday October 29 - 4:30 - 6:30 pm City Council Chambers - 6200 Southcenter Blvd. 29°8 The City is completing the 2019/2020 budget. Historically, the City has relied heavily on sales tax revenue to QUESTIONS? account for around a third of its revenue. Due to evolving buying Brandon Miles behaviors and changes in how sales taxes is credited to cities, Economic Development Liaison the City has seen a flattening of sales tax revenue, and projects a Brandon.Miles@TukwilaWA.gov $3 million shortfall for the 2019-2020 biennium. The City has (206)431 3684 already reduced spending by 3% for most departments, and 1.5% each for Police and Fire. Nearly 60% of the City's revenue supports the critical public safety functions of Police, Fire, and 2018 2019 Public Works. In order to avoid reductions to these critical Pull Time $70 $112 public safety services, the City is considering increasing business license fees to offset the loss of sales tax revenue. Part Time $35 $56 Join us for an open house on Monday October 29th to discuss this important issue. Fees per full and part time employee.