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HomeMy WebLinkAboutOrdinance 2018.020 Amending the Town Tax Code by decreasing the tax rate on certain activities by one-half cent F. ANN RODRIGUEZ, RECORDER VIII VIII II I II VIII VIII VIII I II II I I I I III II I IIII Recorded By: KES yov tIM DEPUTY RECORDER Q+ P SEQUENCE: 20182920054 4901r/ '',^' i' `;4 NO. PAGES: 3 SMARA 10/19/2018 TOWN OF MARANA `41111,1, / 10:22:51 PICKUP 9�IZO MARANA ORDINANCE NO. 2018.020 RELATING TO TRANSACTION PRIVILEGE TAX;AMENDING THE TOWN TAX CODE BY DECREASING THE TAX RATE ON CERTAIN ACTIVITIES.BY ONE-HALF CENT; AMENDING SECTIONS 8-460 (RETAIL SALES; MEASURE OF TAX; BURDEN OF PROOF;EXCLUSIONS) AND 8-610(USE TAX: IMPOSITION OF TAX;PRESUMPTION) OF THE TOWN TAX CODE BY REPEALING LOCAL OPTION V OF THE MODEL CITY TAX CODE WHICH ESTABLISHED A TWO-TIERED TAX STRUCTURE FOR CERTAIN SALES/PURCHASES; AND DESIGNATING AN EFFECTIVE DATE WHEREAS A.R.S. §42-6002 provides a procedure for the levy of transaction privi- lege taxes by a city or town; and WHEREAS A.R.S. §9-240 provides that the Town Council shall have control of the finances of the town; and WHEREAS the Town Council has adopted the Model City Tax Code as defined by A.R.S. §42-6051; and WHEREAS the Town Council adopted title 8 of the Marana Town Code, adopting the tax code of the Town of Marana ("Town Tax Code") and any amendments to it via Or- dinance No. 96.03; and WHEREAS the Model City Tax Code includes an optional Local Option V establish- ing a two-tiered tax structure for certain sales/purchases; and WHEREAS on April 28, 2015, the Town Council adopted Ordinance No. 2015.011 amending the Town Tax Code to adopt a dedicated one-half cent sales tax for the design and construction,and fixtures,furniture and equipment for a new police department build- ing, and to adopt Local Option V of the Model City Tax Code; and WHEREAS Section 3 of Ordinance No. 2015.011 provides that when the Town has collected$18,000,000 pursuant to the sales tax increase,the Finance Director shall notify the Arizona Department of Revenue to cease collection of the increase at the earliest opportuni- ty, in accordance with legal and administrative requirements then in effect; and WHEREAS the Town anticipates that it will reach$18,000,000 in collections pursuant to the sales tax increase set forth in Ordinance No. 2015.011 as of the December 2018 sales tax collections; and WHEREAS the Town Council finds that it is in the best interests of the community to amend the Town Tax Code to repeal the sales tax increase set forth in Ordinance - 1 - Marana Ordinance No.2018.020