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ATTACHMENT A <br />April 8, 2019, Work Session – Item 2 <br />POSSIBLE PAYROLL TAX STRUCTURE <br />• Purpose & Need <br />o Employer and Employee Payroll Tax for the sole purpose of funding Community <br />Safety services. <br />o Total funding need in 2019 dollars = $22.8 million <br /> Plus an additional $840,000 that is currently being transferred from the <br />Parking Services for Downtown Police services. <br /> <br />• Employers <br />o Subject to tax: <br /> Any business (including self-employed) with a physical location within the <br />city limits of Eugene. <br />o Tax Rate: <br /> Flat rate of 0.28% applied to gross taxable payroll <br /> <br />• Employees <br />o Subject to Tax: <br /> All employees working for an employer (business) located within the city <br />limits of Eugene. <br />o Tax Rate: <br /> Flat rate of 0.28% applied to gross taxable wages. <br /> <br />• Implementation Date <br />o July 1, 2020 <br /> <br />• Accountability & Commitment <br />o Maintenance of Funds: <br /> Separate from the tax revenue, City will maintain its funding of Community <br />Safety services at not less than the amount of the funding in FY18 (fiscal <br />year prior to bridge funding). <br />o Tracking Funds & Progress: <br /> Payroll tax funds will be “lock boxed” in a separate fund established to <br />track the receipt and use of these funds. <br /> Specific performance measures will be established, tracked, and reported <br />on annually. <br />o Annual Financial Audit: <br /> Completed by an external auditing service. <br />o Citizen Advisory Board: <br /> Convened by the City Manager