City Council refuses proposed Business License Tax increase, approves revised budget



City Council refuses proposed Business License Tax increase, approves revised budget

Mayor Charlie Hales proposed a nearly 14 percent increase in the Business License Tax (BLT) as part of his budget, which would have generated $8.7 million in additional revenue.
Mayor Charlie Hales proposed a nearly 14 percent increase in the Business License Tax (BLT) as part of his budget, which would have generated $8.7 million in additional revenue. The Alliance aggressively opposed this increase given that revenue is at an all-time high with $25 million more than needed to fund current programs, and the city is collecting 80 percent more from the BLT in 2016 than they did in 2010. Commissioners Fish, Novick and Saltzman all opposed the proposed BLT increase and an alternative budget was developed and adopted by City Council on May 18.