Title
ORDINANCE NO. 26O-03-103: AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL, FLORIDA, AMENDING THE CODE OF ORDINANCES, CHAPTER 12, “BUSINESS REGULATIONS,” ARTICLE II “CERTIFICATE OF USE AND LOCAL BUSINESS TAX RECEIPT,” SECTION 12-33, “DUE DATES; PENALTIES,” TO REVISE THE ADMINISTRATIVE FEE ASSOCIATED WITH THE FILING OF LIENS FOR DELINQUENT LOCAL BUSINESS TAX RECEIPTS; PROVIDING FOR CODIFICATION; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, KENNIE HOBBS, JR.).
Body
Request Action:
Approval of an ordinance amending Section 12-33 of the City Code to update the administrative lien fee for delinquent local business tax receipts. The amendment will allow the City to recover the administrative costs associated with filing liens and improve enforcement of local business tax compliance.
Need Summary Explanation/ Background:
The current lien administrative fee has not been updated in over ten years and no longer reflects the City’s actual costs associated with identifying delinquent accounts, preparing notices, and filing liens. Updating the fee will allow the City to more accurately recover administrative costs related to enforcing and collecting unpaid local business taxes.
Cost Summary/ Fiscal Impact:
There is no projected cost associated with this ordinance. The amendment is expected to generate approximately $75,000-$100,000 annually in additional revenue from administrative lien fees; revenues will be deposited into the City’s General Fund. No additional funding is required.
Attachments:
1) Resolution
Budget Code Number(s): __________________________________
Procurement Information: [check all that apply]
[ ] RFP/Bid [ ] Emergency Purchase [ ] SBE
[ ] Proposal/Quote [ ] State Grant Funds [ ] Local Preference
[ ] Piggyback Contract [ ] Federal Grant Funds
[ ] Sole Source [ ] Matching Required