AGENDA ITEM SUMMARY
Consider authorizing the City Attorney to work with our local legislative delegation to introduce local legislation to increase the City of Griffin Hotel / Motel tax from 7% to 8%. City Manager Kenny Smith will address.
| SPECIAL CONSIDERATIONS OR CONCERNS: |
Based on a presentation by the Main Street Chairman at the City goals workshop on February 10, the consensus of the Commission was to increase the tax to the same amount the county was proposing which is 8%. On February 16, 2015, Spalding County Commissioners authorized the County Attorney to work with the local legislative delegation to increase the tax locally. The attached document shows the slight increase in revenue and the re-distribution of the revenue if the 1% increase occurs.
Staff recommends approval.
The 1% increase would result in an increase in anticipated revenue of $8570. However, the distribution formula changes. Changes would result in increases to the Welcome Center and Tourism budgets revenue by approximately $4280. |