“I would very much like to support reducing or eliminating business licensing fees as well as City business personal property taxes,” said Mayor Bach. “Our goal is to be the most business-friendly city of our size in the country. However, these ordinances add to our budget deficit and are a piecemeal approach to a larger question.
“Therefore, I just cannot support them.”
City Council decided Tuesday to enact the new ordinances. The ordinances would have eliminated the fees but still require the businesses obtain and maintain their city licenses.
Bach said removing the fees would shift the tax burden to the taxpayer, from the businesses.
Lost annual revenues from the ordinances for next year would have been $400,000, according to Cindy Aubrey, chief communications officer for the city.