Title
AN ORDINANCE ENACTING AND LEVYING A TEMPORARY, ADDITIONAL ONE PERCENT (1%) MUNICIPAL SALES AND USE TAX ON CERTAIN TYPES OF TRANSACTIONS OR ACTIVITIES.
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
AN ORDINANCE ENACTING AND LEVYING A TEMPORARY, ADDITIONAL ONE PERCENT (1%) MUNICIPAL SALES AND USE TAX ON CERTAIN TYPES OF TRANSACTIONS OR ACTIVITIES.
Body
WHEREAS, Sections 11-51-200, et seq., Code of Alabama (1975), as amended, authorize and empower municipalities to levy a municipal sales and use taxes; and
WHEREAS, the City of Foley previously enacted Ordinance Number 946-06, which has now been codified as Sections 5-50, et seq. of the Code of the City of Foley, which levied certain municipal sales and use taxes; and
WHEREAS, certain of the City of Foley’s municipal sales and use tax rates levied by Ordinance Number 946-06 are lower than the comparable tax rates being charged by neighboring municipalities like Orange Beach, Elberta, Summerdale, and Gulf Shores; and
WHEREAS, the City Council has found and determined that it needs additional municipal revenues to continue to provide the level of public services and public benefits which are in the best interest of the public; and
WHEREAS, the City Council has determined that temporarily increasing some of the municipal sales and use tax rates by one percent (1%) is necessary and in the best interest of the public and in the best interest of the City; and
WHEREAS, the City Council has further determined that the additional revenues to be generated by the one percent (1%) additional tax will not be needed permanently, but will only be needed for a limited or temporary amount of time not to exceed three and one-half years; and
WHEREAS, the City Council desires for the additional one percent sales and use tax created hereby to automatically expire and end three and one-half years after the additional one percent tax first becomes due and collected if this Ordinance has not previous...
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