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A PRESENTATION REGARDING THE HB-5 UPDATES - DONNA BOWMAN (10 MIN)
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PURPOSE: To present to Mayor and Council the changes to HB-5 and the impact it will have on the city
DEPARTMENT: Income Tax Department
CONTACT INFORMATION: Donna Bowman - Tax Administrator
INFORMATION: Please see attached
FISCAL & STAFF IMPACT: HB-5 HAS A LOSS OF REVENUE IMPACT FOR OUR CITY AND OTHERS.
RECOMMENDATION: I would recommend council meet with our representatives and let them know the continued cuts to the cities must stop. The city cannot continue to have things taken and still provide for the residents at the level of service they deserve