Wednesday, December 4, 2013

Star Reports Greenwood Considering Food and Beverage Tax

From the Indianapolis Star:

Greenwood officials are considering levying a 1 percent tax on restaurants.

The city council voted 8-0 Monday in favor of a resolution asking state lawmakers to give the city permission to levy the food and beverage tax, which would bring in about $700,000 a year.

A second and final vote on the measure is scheduled for Dec. 16.

The resolution, introduced by council member Thom Hord, notes the city has seen revenue drop $3.4 million since 2009.

The city’s parks budget dropped 36 percent since 2009, according to the resolution.