Question: What are the possible tax revenue options to support the FY 2025 budget? (Councilwoman Gaskins)
Response:
Possible tax revenue options to support the FY 2025 budget that are not current at the maximum rate allowed by the State are levy taxes on real estate tax, admissions tax, meals sales tax, transient lodging tax, and two categories of BPOL taxes. The tables below show the fiscal impact of each possible increase.