From the Greencastle Banner-Graphic:
The Cloverdale Town Council had a lot to take on during Tuesday night's monthly meeting. The council, which has been battling financial issues, once again was plagued with the ongoing problem of how to get things accomplished and stay on top of its finances.
Cloverdale got some welcome good news from Don Gedert as he informed everyone that the Food and Beverage Tax has passed both the Indiana House and the Senate and is now a law.
The new law goes into effect July 1 and Cloverdale will begin working to enact this tax, which will likely happen after Sept. 1.
"A system has to be in place to transfer the funds to the town," said Town Attorney Alan Yackey. "There's stuff that needs to be checked as this goes along."
This new law will be a one percent tax on anything that has two or more food ingredients mixed or combined on site. This does not include if one purchases a bag of chips or a pop from a vending machine for example.
"This is not automatic, self executing," said Yackey. "It helps if everyone is aware of it."
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http://www.bannergraphic.com/story/1969566.html
