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HomeMy WebLinkAboutCity Council Meeting - Council Workshop - Minutes - 06/19/2012 �✓ KENT W 13MIMOTOM Kent City Council Special Workshop June 19, 2012 5:00 P.M. Council members present: Albertson, Higgins, Perry, Ralph, Ranniger (who , arrived at 5:50 p.m.), and Thomas The special meeting was called to order at 5:00 p.m. by Council President Higgins. } Infrastructure Funding_ Finance Director Nachlinger outlined available infrastructure funding options including General Obligation Bonds, Levy Lid Lift, Revenue Generating Business License, License Plate Fee, Sales Tax for Transportation, and Business and Occupation Tax. The Council had a lengthy discussion of these options, and of other funding needs. Council President Higgins noted that the Ad Hoc Committee will meet on June 25, at which time they will come up with recommendations for the Council. Intergovernmental Issues. Michelle Wilmot distributed copies of an Emergency Management Performance Grand Funding Allocation Information Paper, and explained that the State Emergency Management Division is attempting to change their way of distributing grant funds. After a brief 3 discussion, she agreed to keep the Council updated on this issue. Council members then reported on regional meetings they have recently attended. The meeting adjourned at 6:35 p,m. Brenda Jacober, CMC City Clerk f CD �+ m v, m c n� < rat • CD CD CDM CD v 't LA CT r-+ cn X c(DD -+ =5 CD CD O p —{ -0 �' T n v v � o, O r+ M r `~' O . LA cn CD O - T L O O 00 CD O M C- CD CD O C- a) � O Q- : o x cD LA O CD Y O (D rh � N � N N N N N N N N N N N N N N N N N N N N N O O O O O O O O O O O O O O O O O O O O O N F' O lD 00 V O) Ln A W N F" 0 lD 00 V m (n rl. W N -0 Q W dP J. U'F U'F Q) Q) V V 00 D7 l0 Co LD O 0 .�I � V A O a) --i V N ! 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V Ul 00 N r-r W 0 V A 00 U'I 00 Ul ,N' lD Ln N lD 01 CD V U W F lD V U W I CD V U i .'w` , lD V Ul W -t s O O F-' N N N W W 4�1 A C11 U'i Ol 01>: V V 00 OJ O v O Ul O Ui O u, O Ul 0 Ul O Ul O Crl O Ul O lrl 0 U'i In A W W W W N Iv N N 0 n c CD rD C o � V V M M M Ln Ln A 4�, A W W W N — CCDD 0) U't N W A O Ol W l.0 O C71 N 00 Ul 4-� V CD -z 00 O IV A Ql 00 O !V Ul V lD F W Ul V CD f W U, CL O W A Ln Ul dl V W l.D O CDI--' N W �,Ul Ul 0') `J 00 � N CD 00 V Ul W N O m V U1 W h, O 00 Ql Ul W 0) O W Ql lD N Lm m N A J O w Q1 lD N Ui 00 F, A W N N N N N N F-' F- O O O O O 0 00 V Ul 4- N - cD 00 M Ul W N O lD V al A W G� lD N Revenue Generating Business License (Head Tax) Rate Employees Amount $ 5.00 45,238 $ 226,190 $ 7.50 45,238 $ 339,285 $ 10.00 45,238 $ 452,380 $ 12.50 45,238 $ 565,475 $ 15.00 45,238 $ 678,570 $ 17.50 45,238 $ 791,665 $ 20.00 45,238 $ 904,760 $ 22.50 45,238 $ 1,017,855 $ 25.00 45,238 $ 1,130,950 $ 27.50 45,238 $ 1,244,045 $ 30.00 45,238 $ 1,357,140 $ 32.50 45,238 $ 1,470,235 $ 35.00 45,238 $ 1,583,330 $ 37.50 45,238 $ 1,696,425 $ 40.00 45,238 $ 1,809,520 $ 42.50 45,238 $ 1,922,615 $ 45.00 45,238 $ 2,035,710 $ 47.50 45,238 $ 2,148,805 $ 50.00 45,238 $ 2,261,900 $ 52.50 45,238 $ 2,374,995 $ 55.00 45,238 $ 2,488,090 $ 57.50 45,238 $ 2,601,185 $ 60.00 45,238 $ 2,714,280 0 O Co lD w W V V m M Ln Ul J:. 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Mercer Island's B&O tax rate is still.001 with a gross receipts annual exemption amount of$150,000(i.e.only gross receipts in excess of$150,000 are subject to the.001 tax rate). NOTE:Tax rates may apply to businesses categories other than those above. Exemptions,deductions,or other exceptions may apply in certain circumstances.Contact the city finance department for more information. NOTE:Black Diamond repealed its B&O tax effective January 1,2008.Buckley repealed its B&O tax effective January 1,2007. . Association of Washington Cities 4/18/2011 3 Digit Based on 2011 State Fillings NAICS Discription Manufacturing Retail Services Wholesale 111 Crop production 358,826 112 Animal production 27,208,306 113 Forestry/Logging 114 Fishing/Hunting 115 Agriculture support 602,796 212 Mining 221 Utilities 91,017,196 236 Building construction 82,070,713 237 Heavy& civil construction 27,266,526 238 Speciality trade contractors 514,703,413 311 Food manufacturing 235,870,856 312 Beverage &tabacco products 313 Textile mills 34,809,817 314 Textile product mills 2,418,484 315 Apparel manufacturing 3,146,938 321 Wood product manufacturing 101,064,380 322 Paper manufacturing 323 Printing& related support 91,764,574 325 Chemical manufacturing 73,402,507 326 Plastics& rubber products 152,720,755 327 Nonmatallic mineral products 1,852,660 331 Primary metal manufacturing 332 Fabricated metal products 281,317,596 333 Machinery manufacturing 455,100,631 334 Computer&electronic products 111,575,769 335 Electric appliances 29,025,190 336 Transportation equip. Manuf. 442,273,202 337 Furniture & related manuf. 21,863,970 339 Misc. Manufacturing 103,845,253 423 Wholesale-durable goods 774,128,990 424 Wholesale- nondurable 1,280,448,013 425 Wholesale electronics 11,100,940 441 Motor vehicle&parts dealer 210,491,259 442 Furniture& home furnishings 151,790,126 443 Electronics &appliances 28,549,868 444 Building material &garden 39,148,313 445 Food &beverage stores 97,583,922 446 Health & personal care store 35,041,889 447 Gasoline stations 1,107,861,626 448 Clothing &accessories 6,086,873 451 Sporting goods, hobbys, books 166,403,948 452 General merchandise stores 1,445,319 453 Misc. store retailers 107,550,117 454 Non-store retailers 25,717,560 Page 1 Total 2,885,280,358 1,977,670,820 - 2,065,677,943 3 Digit NAICS Discription Manufacturing Retail Services Wholesale 483 Water transportation 484 Truck transportation 111,007,814 485 Transit &ground passengers 8,368,882 488 Transportation support 79,236,462 491 Postal services 543,296 492 Couriers & messengers 16,209,807 493 Warehousing&storage 67,344,965 511 Publishing industries 2,587,013 512 Motion picture,sound recording 170,507 515 Broadcasting 517 Telecommunications 578,879 518 Internet service providers 766,686 519 Other information services 45,899 522 Credit intermediation 3,131,711 523 Securities, commodities, other 1,377,402 524 Insurance carriers & related 9,682,522 525 Funds,trusts, and other 531 Real estate 14,710,992 532 Rental & leasing services 32,025,532 533 Intangible asset lessors 27,708,887 541 Professional,scientific,tech 224,775,882 551 Company management 408,761 561 Admin. &support services 114,460,497 562 Waste management 32,516,614 611 Educational services 5,394,389 621 Ambulatory health care service 146,650,290 622 Hospitals 623 Nursing& residential care 822,141 624 Social assistance 7,912,618 711 Performing arts,spectator sport 9,624,195 713 Amusement, gambling & rec. 22,536,865 721 Accommodation 13,400,253 722 Food service, drinking places 162,456,756 811 Repair& maintainence 103,797,891 812 Personal & laundry services 21,831,724 813 Religious, civic,grantmaking 339,008 Page 2 total - - 1,242,425,140 - Grand total 2,885,280,358 1,977,670,820 1,242,425,140 2,065,677,943 Report total 8,171,054,261 Rate/Amount Worksheet Rate Amount Manufact. Retail Services Wholesale Manufacturing Retail Services Wholesale Total 0.0005 0.0005 0.0005 0.0005 1,442,640 988,835 621,213 1,032,839 4,085,527 0.00075 0.00075 0.00075 0.00075 2,163,960 1,483,253 931,819 1,549,258 6,128,291 0.001 0.001 0.001 0.001 2,885,280 1,977,671 1,242,425 2,065,678 8,171,054 0.00125 0.00125 0.00125 0.00125 3,606,600 2,472,089 1,553,031 2,582,097 10,213,818 0.0015 0.0015 0.0015 0.0015 4,327,921 2,966,506 1,863,638 3,098,517 12,25{,581 0.00175 0.00175 0.00175 0.00175 5,049,241 3,460,924 2,174,244 3,614,936 14,299,345 0.002 0.002 0.002 0.002 5,770,561 3,955,342 2,484,850 4,131,356 16,342,109 0.001 0.001 0.001 0.002 2,885,280 1,977,671 1,242,425 4,131,356 10,236,732 0.0005 0.0005 0.001 0.0005 1,442,640 988,835 1,242,425 1,032,839 4,706,740 0.00125 0.00125 0.0015 0.00125 3,606,600 2,472,089 1,863,638 2,582,097 10,524,424 0.002 0.00175 0.0015 0.00125 5,770,561 3,460,924 1,863,638 2,582,097 13,677,220 0.00125 0.0015 0.00175 0.002 3,606,600 2,966,506 2,174,244 4,131,356 12,878,707 0.0015 0.0015 0.00125 0.00125 4,327,921 2,966,506 1,553,031 2,582,097 11,429,556 0.00148 0.0016 0.00199 0.0015 4,270,215 3,164,273 2,472,426 3,098,517 13,005,431