HomeMy WebLinkAbout1983-176-10/04/1983-DIRECTING STAFF TO RESEARCH AND DEVELOP AN ENTERTAINMENT TAX RESOLUTION 83-176
OF THE COUNCIL OF THE CITY OF FORT COLLINS
DIRECTING STAFF TO RESEARCH AND DEVELOP
AN ENTERTAINMENT TAX
WHEREAS, the City Council recognizes that the General Fund has in-
creasing needs for revenue, and
WHEREAS, the City Council notes that the General Fund subsidy to the
Lincoln Center is increasing yearly, and
WHEREAS, an Entertainment Tax could reduce the impact of the General
Fund subsidy to the Lincoln Center by increasing revenue in the General
Fund
NOW, THEREFORE, BE Ii RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, COLORADO
Section 1 That the Council declares its support for the concept of
an Entertainment Tax, to be levied against the consumers of all forms of
entertainment offered within the City of Fort Collins for profit
Section 2 That the Entertainment Tax would not be levied on acti-
vities sponsored by Poudre R-1 School District and Colorado State Univer-
s l ty
Section 3 That the Entertainment Tax would be levied at the rate of
5 75% on the price paid by the consumers to the vendor of the entertainment
service The revenue generated by an Entertainment Tax would be dedicated
to helping reduce the General Fund subsidy to the Lincoln Center
Section 4 That the Council directs the City staff to research and
develop an Entertainment Tax, and, if deemed feasible, to recommend such a
tax to Council for adoption and implementation effective April 1, 1984
Passed and adopted at a regular meeting of the City Council held this
4th day of October, A D 1983
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