Surprise City Mulls Sales Tax Increase to Offset Loss from Upcoming Renters Tax Ban
Monday, 1 April 2024, 13:03
Surprise City Considers Sales Tax Adjustment
Surprise city officials are deliberating a potential sales tax raise in response to an estimated $6.6 million deficit caused by the impending prohibition on taxing renters.
Key Points:
- City aims to offset revenue loss
- New proposal involves half-cent sales tax increase
- Decision influenced by forthcoming renters tax ban
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.