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Agenda - Council Work Session - 08/24/2021
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Agenda - Council Work Session - 08/24/2021
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Last modified
3/14/2025 3:07:32 PM
Creation date
8/20/2021 12:18:06 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
08/24/2021
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01 <br />02 <br />03 <br />04 <br />05 <br />Fair Solution <br />The Franchise Fee is a Regressive Tax. <br />The lowest earners pay more <br />proportionately <br />Current Issues <br />The Franchise Fee hurts <br />businesses, will sun set and <br />may need to increase <br />Future Spending/Solution <br />Paying off bonds will take time <br />and roads will continue to <br />deteriorate <br />Current Tax Liability <br />The average resident pays <br />more under the Franchise Fee <br />Future Proof Solution <br />Tax Levy Scales as the City <br />Scales in size and value <br />
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