City Council Minutes 2017 06 13 - Laserfiche WebLink

Home Browse Search

City Council Meeting Minutes June 13, 2017 Page 6 of 11 Tax Manager Penney Bolte stated the Finance Committee has reviewed and recommends this ordinance. This update is key to the business community as it gives them continuity between Colorado jurisdictions when determining if an item is taxable This ordinance proposes 72 of the standard definitions be amended. The ordinance also amends some other sections of this Chapter it clarifies that the statute of limitations is tolled based on engagement for audit and sets new guidelines and policies affecting administrative hearings, it amends the Lodging Tax process requiring a separate statement of taxes owed on invoices or billing statements; and it requires payment of any excess tax collected by a taxpayer. Attorney Light stated the changes are drafted to remain revenue neutral to the City's tax base but does delete pay television as a taxable item These provisions are being deleted in connection with the resolution of the pending litigation with Comcast which is a matter of public record. Mayor Muckle asked for public comment; none. Councilmember Stolzmann stated she could only comment on the portions of the ordinance that pertain to the sales and use tax definitions project. The Finance Committee has reviewed those proposed changes. She noted it reduces the complication for businesses when they determine what they might owe. She noted the changes to the administrative review make it much easier for people to handle simple issues related to their tax payments Councilmember Keany asked if shipping charges are taxable Manager Bolte stated the definitions have been incorporated The City does not charge tax on shipping, but the State of Colorado does. Mayor Muckle asked for public comments; none Mayor Muckle closed the public hearing. Councilmember Maloney moved to approve the ordinance; Mayor Muckle seconded Vote: Motion carned by unanimous roll call vote. DISCUSSION/DIRECTION/ACTION — OPTIONS TO REFER TO THE VOTERS A CONTINUATION OF THE HISTORIC PRESERVATION SALES TAX Deputy City Manager Balser stated that at a study session in April the City Council requested staff come back with options to continue the City's temporary sales and use tax for histonc preservation purposes for an additional ten years commencing January 1, 2019. A continuation of the tax could occur and staff suggested the following options: