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Show Supports Tax Plan Provo City Mayor James Ferguson announced his support for a new sales lax proposal at a press conference Wednesday at Utah's State Capitol in Salt Lake City. "The new sales tax proposal will provide Provo and other Utah communities with an elastic lax base," according to Mayor Ferguson. The sales lax proposal, which will be presented lo the Utah State Legislature during the 1982 Budget Session, calls for legislation that provides Utah's cities and towns with a one-half percent local option sales tax io be distributed on-point-of-sale, Ferguson says. The proposal also calls for a one-half percent revenue sharing sales to be distributed on a population basis over a five-year "phase-in" period, he says. "Sales lax distribution has always created tension between small towns and larger cities," explains Ferguson. "Bui this proposal is a compromise -- everyone will benefit. Provo City, with this new proposal, will have the additional revenues necessary lo maintain our services and enhance our community." ' Briefly, the proposal calls for legislation that 1) allows up to one percent sales tax lo be distributed to local governments, 2) allows local governments the option of levying up lo one-half percent local option sales lax and 3) allows the State to collect one-half percent of the current local option sales tax and to distribute funds on a revenue sharing basis. Mayor Ferguson, along with other statewide community leaders, announced an-nounced that Utah's cities and towns will "mount a campaign to educate state legislators about the advantages of (he new proposal." |
