This information is provided by the University of Tennessee Municipal Technical Advisory Service.

Title:
An Ordinance Increasing the Local Option Sales Tax from 2.25% to 2.75% in the Town of Estill Springs, Tennessee
Original Author:
Darden, Don
Co-Author:
Product Create Date:
08/07/2002
Type:
Ordinance
Text of Document:
Estill Springs Sales Tax Ordinance.doc
TOWN OF ESTILL SPRINGS, TENNESSEE

ORDINANCE NO._________

AN ORDINANCE INCREASING THE LOCAL OPTION SALES TAX FROM 2.25% TO 2.75% IN THE TOWN OF ESTILL SPRINGS, TENNESSEE

WHEREAS, the State of Tennessee has authorized cities to levy a local option sales tax from 1.5% to 2.75%; and

WHEREAS, the local sales tax rate in Estill Springs is 2.25% on the first $1,600 of single item purchases; and

WHEREAS, the State of Tennessee increased the local option cap from $1,600 to $3,200 during the recent legislative session, with the State retaining the increase; and

WHEREAS, MTAS has advised the Town of Estill Springs that the State is likely to enact a uniform 2.75% local sales tax rate next year and retain that part of the increase over the local rate of 2.25%; and

WHEREAS, cities now have the option of increasing the local sales tax and using the proceeds for local improvements and services rather than having it applied statewide; and
NOW, THEREFORE, BE IT ORDAINED by the Board of Mayor and Aldermen of the Town of Estill Springs:

Section 1. The sales tax rate for the Town of Estill Springs, Tennessee is hereby increased from 2.25% to 2.75% on the same privileges subject to the Retailers’ sales tax under Tennessee Code Annotated, Title 67, Chapter 6, Parts 1-6.

Section 2. This ordinance shall become effective upon final passage and as otherwise required by the general laws of the State of Tennessee.

Passed this:
First Reading:______________________
Second Reading:____________________


____________________
Mayor


Attest:____________________
City Recorder




TOWN OF ESTILL SPRINGS, TENNESSEE

RESOLUTION NO.______

A RESOLUTION REQUESTING THE FRANKLIN COUNTY ELECTION COMMISSION TO CONDUCT A REFERENDUM AT THE NOVEMBER 5th GENERAL ELECTION ON INCREASING THE LOCAL OPTION SALES TAX IN THE TOWN OF ESTILL SPRINGS

WHEREAS, MTAS has advised the Town of Estill Springs that it is very likely that the State of Tennessee will enact a uniform 2.75% local sales tax next year, with the State retaining that part that is greater than the current 2.25% in Franklin County; and

WHEREAS, the Board of Mayor and Aldermen has determined that the people of Estill Springs would be better served by having the added tax spent locally rather than across the State; and

WHEREAS, the Town of Estill Springs by Ordinance No._____, passed on final reading on the _____day of________________, 2001 (which is attached hereto), increased the sales tax from 2.25% to 2.75%, and under Tennessee Code Annotated, Section 67-6-706, that ordinance is required to be approved by a referendum in the town before it becomes effective; and

NOW, THEREFORE, BE IT RESOLVED by the Board of Mayor and Aldermen of the Town of Estill Springs, that the Franklin County Election Commission is hereby requested to place a proposed sales tax increase question on the ballot for the November 5, 2002 General Election in Estill Springs as follows:

SHALL ORDINANCE NUMBER______PASSED BY THE BOARD OF MAYOR AND ALDERMEN OF THE TOWN OF ESTILL SPRINGS, WHICH INCREASES THE SALES TAX RATE OF THE TOWN FROM 2.25% TO 2.75% ON THE SAME PRIVILEGES SUBJECT TO THE RETAILERS’ SALES TAX UNDER TENNESSEE CODE ANNOTATED, TITLE 67, CHAPTER 6, PARTS 1-6, BE APPROVED?

FOR THE ORDINANCE_____________________
AGAINST THE ORDINANCE________________

Passed and so ordered this the ______day of_______________, 2002.


___________________
Mayor

Attest:___________________
City Recorder

This information is provided by the University of Tennessee Municipal Technical Advisory Service.