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HomeMy WebLinkAbout19-82 RESOLUTION• F RESOLUTION NO. 1 A RESOLUTION EXPRESSING THE POSITION OF THE FAYETTEVILLE BOARD OF DIRECTORS ON THE QUESTION OF WHETHER THE WASHINGTON COUNTY QUOROM COURT SHOULD ADOPT AN ORDINANCE PROVIDING FOR A REBATE OF COUNTY SALES AND USE TAXES COLLECTED IN EXCESS OF A SPECIFIED AMOUNT ON ANY SINGLE TRANSACTION. ' WHEREAS, the voters of Washington County approved a 1°J county sales tax on July 28, 1981; and WHEREAS,•'the ordinance approved by the electors did not provide for a rebate of any county sales and use taxes -rcollected in excess of a specified amount on any single • transaction; and • WHEREAS, the voters of the City of Fayetteville approved the county sales tax by a 2 to 1 margin; and WHEREAS, certain Washington County merchants have. petitioned the Quorom Court for the adoption of an ordinance providing for a rebate of county sales and use taxes collected in excess of a specified amount on any single transaction; and WHEREAS, said merchants claim that the county sales and use tax has resulted in the reduction of their business revenues and have suggested imposition of a $25.00 sales tax "cap"; and WHEREAS, the Washington County Quorum Court has requested municipalities in the county to express their position regarding the aforesaid proposed sales tax "cap". NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That while the Board of Directors is sympathetic to Washington County merchants, and particularly Fayetteville merchants, who perceive the county sales tax as reducing their business revenues, it is the Board's position that it would be inappropriate to attempt to solve the perceived problem of proportionally few citizens of the county by passing legislation affecting many citizens of the county. Section 2. It is the position of the Board of Directors that the imposition of a sales tax "cap" would be premature, because precise revenue figures are not available to accurately 11 woe -2- • project sales tax revenues or the effect on county and municipal financing such a "cap" would have. Section 3. The City of Fayetteville therefore joins its sister communities of Prairie Grove, Lincoln, Winslow, West Fork; Tonitown, Farmington, and other municipalities in opposing at this time the proposed $25.00 sales tax "cap". Section 4. The Board of Directors recommends that after the Quorom Court has determined the amount of county ., sales and use tax revenues actually received through September 1, 1982, the Quorom Court review the effect that imposition of the proposed $25.00 "cap" would have on future sales and use tax revenues. `CITY; CLE_ 9 Section 5. The Board of Directors recommends to the Quorom Court that any ordinance providing for a rebate of county sales and use taxes collected in excess of a specified amount on a single transaction be referred to a vote of the electors of Washington County. PASSED AND APPROVED this ATTEST: 'M . ... 1 •• day of aUit-a- r 1982. APPROVED: 6:;:a6::) / MAYOR J ,� •