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CC Minutes - 12/10/01 Work Session
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CC Minutes - 12/10/01 Work Session
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6/9/2010 10:33:04 AM
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City Council Minutes
Meeting_Type
Work Session
CMO_Meeting_Date
1/1/2001
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Ms. Bettman reported on the Human Rights Day award presented to Chief Jim Hill and congratulated the <br />chief. She said he "walked the talk" when it came to diversity. <br /> <br />Mr. Papd noted the damage done to trees by recent windstorms and thanked City crews for getting the damage <br />cleaned up quickly. He hoped the City's Urban Forester was able to review tree damage and gauge the <br />condition of City trees to avoid damage from falling trees and limbs. <br /> <br />Mr. Papd indicated he enjoyed the National League of Cities and would report to the council in writing on the <br />seminars he had attended. He noted his participation in a bus tour of private and public housing projects in <br />Atlanta. <br /> <br />City Manager Jim Johnson had no items. <br /> <br />Mayor Torrey reported that Corvallis Mayor Helen Berg paid up on her five-cent Civil War football wager. <br /> <br />B.Work Session: Nonproperty Tax Revenue Sources <br /> <br />Assistant City Manager Jim Carlson joined the council for a conversation on nonproperty tax revenue options. <br />Dee Ann Hardt, Becky Koble, and Patty Boyle of the Central Services Department were also present for the <br />item. <br /> <br />Mr. Carlson discussed the advantages and disadvantages of four nonproperty tax revenue options. <br /> <br />Corporate Income Tax <br /> <br /> · The tax does not generate much revenue on its own <br /> · It is considered equitable in conjunction with individual income tax <br /> · The tax is considered double taxation by some <br /> <br />Gross Receipts' Tax <br /> <br /> · There is no mechanism for collecting the tax <br /> · There would be higher administrative costs associated with setting up the tax <br /> · The tax is levied on total receipts and not on net profits <br /> · Companies may travel to other jurisdictions to avoid the tax, depending on the rate <br /> <br />Individual Income Tax <br /> <br /> · The State of Oregon would probably be willing to collect it as it is similar to the existing income <br /> tax, particularly if Eugene employed a surcharge <br /> · Previous attempts to pass an income tax locally have failed <br /> · Eugene's tax would be subject to federal and State tax law changes <br /> · The tax would maintain parity between individuals and corporations if done in conjunction with a <br /> corporate income tax <br /> · Salem is considering a surcharge on the individual State income tax <br /> <br /> MINUTES--Eugene City Council December 10, 2001 Page 2 <br /> Work Session <br /> <br /> <br />
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