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An Ordinance amending and supplementing the Allegheny County Code of Ordinances, Division 4, entitled "Finances," Chapter 475, entitled "Taxation," through the creation of a new Article XII, entitled "Supplemental Tax Revenue Property Tax Rebate," in order to establish uniform County policies for the disposition of revenues received by the County through the County's alcoholic beverage tax or car rental tax that exceed the budgeted amounts.
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WHEREAS, Act 44 of 2007 ("the Act") authorizes Allegheny County to collect taxes on alcoholic beverages and certain vehicles rented within the County; and
WHEREAS, these two new taxes were enacted by the County to be effective beginning in tax year 2008; and
WHEREAS, when enacted, the rate for both the alcoholic beverage and car rental taxes was set at the maximum allowable by law; and
WHEREAS, although it is not yet clear what the County's actual collections will be from these two new taxes, they have been budgeted to produce $32 million in revenue for the County; and
WHEREAS, it is the belief of Council that, although any revenue derived in excess of the $32 million budgeted for the two new taxes must be used for purposes related to public transportation, these excess funds would free other revenues that could be used for other purposes; and
WHEREAS, it is the sense of Council that surplus revenues should be returned to the taxpayers of Allegheny County in the form of a property tax rebate
The Council of the County of Allegheny hereby enacts as follows:
SECTION 1.
The Allegheny County Code of Ordinances, Division 4, entitled "Finances," Chapter 475, entitled "Taxation," are hereby amended through the creation of a new Article XII, entitled "Supplemental Tax Revenue Property Tax Rebate," and comprised of the following new sections:
Article XII
Supplemental Tax Revenue Property Tax Rebate
ยง475-70. Statement of Policy.
It shall be the policy of Allegheny County that all re...
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