Loading...
HomeMy WebLinkAboutOrd1997-019 I I I Sponsored by: Mavor and Council Introduction Date: June 23 1997 Public Hearing Date: Julv 14. 1997 CITY OF SEWARD, ALASKA ORDINANCE NO. 97-19 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AMENDING SEWARD CITY CODE CHAPTER 5.35, SALES TAX, INCREASING THE SALES TAX TO FOUR PERCENT FOR THE PERIOD APRIL 1 TO SEPTEMBER 30, INCLUSIVE, FOR A PERIOD OF THREE YEARS EFFECTIVE APRIL 1, 1998 WHEREAS, decreased funding from state sources coupled with increased costs of providing services desired by the community has resulted in the need for additional revenues to balance the City's FY 1998 budget; and WHEREAS, the General Fund fund balance has little reserves to meet unforeseen emergencies; and WHEREAS, there are limited funds to make needed capital improvements; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA HEREBY ORDAINS that: Section 1. Section 5.35.035A of the Seward City Code is hereby amended to read as follows: 5.35.0351mposition of sales tax. A. There is levied and imposed, in addition to all other taxes and fees of every kind now imposed by law, a license or privilege tax upon every person who engages in this city in the business of selling at retail tangible personal property, or of leasing or renting tangible personal property or real property, or of performing taxable services, the same to be collected in the amount of three (3) percent of the gross proceeds of each taxable sale. For the period April 1 to September 30, inclusive, the amount of the sales tax to be added to the sale price, charge or rental shall be increased by one (1) percent to four (4) percent of the sale price, charge or rental for a period of three years ending on September 30, 2000. Section 2. Section 5.35.050, Computation of Tax, which includes the taxable scale, IS hereby DELETED in its entirety. Section 3. Section 5.35.055 of the Seward City Code is hereby amended to read as follows: 5.35.055 Computation -- addition of tax to total retail price -- tax schedule. CITY OF SEWARD, ALASKA ORDINANCE NO. 97-19 A. The amount of the sales tax to be added to the sale price, charge or rental shall be three (3) percent of the sale price, charge or rental rounded off to the nearest cent by eliminating any fraction of one-half cent or less and by increasing any fraction over one-half cent to the next highest cent. Each seller shall be furnished the schedule of tax payable on each taxable amount from one cent to one hundred dollars. Anyone sale of items separately priced shall be taxed upon the aggregate amount. For the period April] to September 30, inclusive, the amount of the sales tax to be added to the sale price, charge or rental shall be increased by one (1) percent tofour (4) percent of the sale price, charge or rentalfor a period of three years ending on September 30, 2000. B. The revenue from a coin-operated machine shall be treated in gross on a monthly basis, without reference to the amount paid or placed on a particular transaction. Section 5. This ordinance shall take effect thirty (30) days following its enactment. ENACTED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 14 day ofJuly, 1997. THE CITY OF SEWARD, ALASKA AYES: NOES: ABSENT: ABSTAIN: Bencardino, Blatchford, Clark Anderson, Crane King None ATTEST: APPROVED AS TO FORM: v~.". , ~.~~ Patricia J. Jones, C~\..III"'"" C. Cl k .'- Cl;: S~,. " lty er ......',-{ "~....' .~, ;~" ... ......-:. ' > ! '.~ '..0 .J....,. ~ 1...'''' . :j, (City Seal) i / \ .. . " .. :0: ~,,): .. . '" .. IIJ. . .. .. ~ 0 ~ = ~ ~I .'.',4' ... ",," ~ ~';... > ,;.\ ,;..~ ..:- ~~:~.;~ ,j." .....;.:.;at.. 'U,\.:." Wohlforth, Argetsinger, Johnson & Brecht, lmey,}", lhe eity of Sew""" AI"ka I ; i( . 7 ~7'.)'er' City Attorney -2-