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Update on Meals Tax Discussion
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Town Council held two public hearings related to meals tax on November 18, 2024. The first hearing was related to changing meals tax collection for Town-Sponsored Special Events and the second was a proposed 10-Year Temporary 1% increase to the Meals Tax to fund a proposed aquatics center.
The first item resulted in a motion to approve the proposed change to Chapter 6, Finance and Taxation, Article 4, Meals Tax, Section 6-35, Exemption; limits on application to add a provision to charge a flat meals tax in lieu of a percentage meals tax for Town-sponsored special events as presented above to include Town licensed food vendors. The Town Clerk was directed to advertise a Notice of Intent to Adopt for December 9, 2024.
The second item resulted in a motion to continue the discussion until December 9, 2024. The public hearing was closed; however, written comments were accepted until the close of business on November 27, 2024. Staff will share an update on the outcome of the December 9 discussion.