HomeMy WebLinkAbout2002 Resolution No. 100•
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RESOLUTION NO . fa:2.
SERIES OF 2002
A RESOLUTIO N ADOITING A TWENTY-FIVE DOLL AR ADMINISTRATIVE FEE FOR
NEW SALES TAX LICENSE APPLICATIONS.
WHERE AS , the City of Englewood has experienced a re :l!1ction in revenues during the
current economic downturn resulting in a reduction of undesignal~ .. Vunreservetl fund balance; and
WHEREAS , to partia ll y offset the administra ti ve costs of issuing sales tax license s, a
$25.00 fee for new licen se app li cations is being adopted,
NOW , THEREFORE , BE IT RESOLVED THAT :
Sec ti on I. The City Co uncil of the City of Englewood hereby adopts an administrative
fee of twenty-five dollars ($25 .00) fo r eac h new sales tax license application , This fee shall
become effective January I, 2003.
ADOPTED AND APPROVED this 2"' day ol December, 2002 .
~ti~· LoucrisbiaAEttirk
I, Lou cris hia A. Ellis , City CI<1> for the City of Eng
above is a true copy of Reso luti on No. ~-' Serie s 2
od, Colorado , hereby certify the
COUNCIL COMMUNICATION
Date Agenda Item Subject
December 2, 2002 11 Ci Resolution Adopl'~g a $25 .00 Administrative
Fee For New Sales Tax lice ns e Applicants
Effective Januarv I , 2003
Initiated By I Staff Source
Department Of Finance and Admin istra ti ve Serv;ces I Frank G!:j'.slewic z, Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
City Council anu staff held a 2002 Budget and Goals se ttin g mee tin g on Jun e 1, 2002. A preliminary
review of th e budget was done on September 9, 2002. City staff submitted the budge, to the City Council
on September 13, 2002 . A public hearinR regarding th e Proposed 2003 Budget was held on September
16, 2002 and cortinued lo October 7, 2002 . The operating b:idgets and Multiple Yea r Capital Pl an for all
City departments an d funds was reviewed at a budget retreat held on September 28, 2002 , and follow-up
of changes and oth er proposals was done at a study sessio n c,n October 7, 2002. City staff met with
members of th e Alliance for Commerce in Englewood (ACE) on October 10, 2002. Members of ACE
voted to approve th e proposal wi th a review in th e future.
RECOMMENDED ACTION
Staff recommends Cou ncil approve th e att ac hed reso lution adopting a $25 .00 administcation fee for new
sales tax licenses effectir JJnuary 1, 2003 .
BACKGROUND, ANAl \'SIS, AND AcTERNATIVES IDENTIFIJ:D
Th e City of Engl ewood has experienced a red uction in reven ues auring the current economi c downturn
resulting in a reduction of undesigna ted/unreserved fund bal :nce. To partially offs et th e administrative
costs of iss uin g th ese licenses a $25 .00 fee for new license appli ca ti ons is being adopted.
FI NANCIAL IMPA CT
The City receives abo ut 40 license applications per month, which req uire a varying degree of administrative
effort. Th e tc·t.i fee s coll ec ted in 20(13 are est i ,ated at S 12,000.
UST Of ATTACHMENTS
Pr oposed res ol uti on
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