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RES 2004-36 COMMERICAL PARKING TAX AMENDMENTRESOLUTION No. 2004-36 A RESOLUTION OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, INCREASING THE CITY'S TAX ON COMMERCIAL PARKING, AND AMENDING SECTION 11 OF THE BAINBRIDGE ISLAND FEE SCHEDULE. WHEREAS, RCW 82.80.030(4) provides that cities are authorized to collect a tax on the gross proceeds of persons who operate commercial parking lots; and WHEREAS, the City has imposed such a tax since 1992; and WHEREAS, Section 5.10.020 BIMC provides that "On and after December 1, 2000, there is levied upon and shall be collected from every person engaged in a commercial parking business within the city a commercial parking tax in an amount equal to 30 percent of the gross proceeds of the commercial parking business less an annual discount to be determined each year by December 1 for the next calendar year by resolution of the City Council"; WHEREAS, at a meeting of the City Council on November 22, 2004, the City Council determined that it was necessary to increase the effective tax rate on commercial parking from twelve percent to twenty-four percent in order to fully fund necessary road maintenance and non -motorized transportation improvements; and WHEREAS, the City Council has also determined that the net revenues from both the City's charges for parking and from its tax on commercial parking be spent only on street and road operation, maintenance and improvements as provided by RCW 82.80.070(1) now, therefore, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, DOES RESOLVE AS FOLLOWS: Section 1. The annual discount on the City's Commercial Parking Tax rate for the year beginning January 1, 2005 shall be six (6.0) percent as provided in BIMC 5.10.020. Section 2. Section 11 of the Bainbridge Island Fee Schedule is amended to read as follows: 11. TAXES B&O TAX 0.2% of Gross Revenue (Ordinances 99-48 & 99-49, Resolution 99-27) less a discount that is presently 0.1% Minimum Amount Exempt from taxation $100,000 Current Amount Exempt from taxation $250,000 B&O TAX ON UTILITIES (BIMC 3.88, Ordinance 97-33, BIMC 5.08, Ordinances 98-17, 98-26, 99-53) Telephone (including cell phones and pagers) 6.0% of Gross Revenue Electricity 6.0% of Gross Revenue Solid Waste (garbage) 5.0% of Gross Revenue Cable Television 6.0% of Gross Revenue City -Owned Water, Sewer & Storm Water 6.0% of Gross Revenue COMMERCIAL PARKING TAX 30.0% of Gross Revenue (Ordinances 92-47 & 99-54, Resolutions 99-27 and 2004-36) less a discount that is presently 6.0% �°,6 Due in the month following each calendar quarter. B & O TAX / COMMERCIAL PARKING TAX — PENALTY 10% of tax due for (Ordinances 92-11 and 99-26) each month unpaid EXCISE TAX ON LODGING (HOTEL/MOTEL TAX) (Ordinance 98-56) 4.0% GAMBLING TAX (BIMC 5.20. Tax computed on gross receipts less the cost of prizes. Charitable and non-profit organizations have an additional $5,000 exemption from gross receipts.) AMUSEMENT GAMES BINGO RAFFLES CARD GAMES PUNCHBOARDS & PULL TABS GAMBLING TAX (Penalty) (Resolution 95-27) Minimum Penalty 1-10 days 'delinquent 11-20 days delinquent 21-31 days delinquent 32-60 days delinquent 2.0% 5.0% 5.0% 10.0% 10.0% See Table Below $10.00 Minimum plus 5% of tax due Minimum plus 7.5% of tax due Minimum plus 10% of tax due Minimum plus 15% of tax due PASSED by the City Council this 8th day of December, 2004. APPROVED by the Mayor this 9th day of December, 2004. ATTEST/AUTHENTICATE : o S san P. Kasper, City Clerk FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: RESOLUTION No. 2004-36 6AZin2 Darlene Kordonowy, Mayor November 23, 2004 December 1, 2004 December 15, 2004 January 1, 2005