Local Business Tax Rate Increase
Summary
For the first time since 2003, local business tax rates go up 5%, plus the city restructured how future increases will be timed.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jul 23, 2026.
Impact analysis
Small added cost for businesses holding local business tax receipts; revenue total not stated.
The city's general revenue, helping offset pressure from potential property tax revenue losses.
Local businesses holding city business tax receipts pay 5% more.
Mentions & discussions (2)
City Commission - Jul 23, 2026
For the first time since 2003, local business tax rates go up 5%, plus the city restructured how future increases will be timed.
City Commission - Jul 9, 2026
The city is raising all local business tax rates by 5% — the first increase in years — on first reading. It's expected to generate only about $13,000-$14,000 a year, a small offset against potential property tax losses. Final approval comes July 23.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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