city of tacoma
File #: ORD29006    Version: 1 Name: ORD - Utility Tax Deductions TMC 6A.100
Type: Ordinance Status: Passed
File created: 11/21/2024 In control: City Council
On agenda: 12/17/2024 Final action: 12/17/2024
Title: An ordinance amending Chapter 6A.100 of the Municipal Code, relating to Utilities Gross Earnings Tax - Public Utilities, by amending Section 6A.100.040, entitled "Deductions", to add a deduction for grants; expand the deduction for interdepartmental rent to include all utilities; repeal tax deductions for Contributions In Aid of Construction, interest earned from bond proceeds, and the sale of property; remove deductions no longer utilized; update the tax deduction for hauling recyclable materials to a tiered structure; and clarify language. [Danielle Larson, Tax and License Manager; Andy Cherullo, Director, Finance]
Attachments: 1. Ordinance No. 29006, 2. City Council Action Memorandum

Title

An ordinance amending Chapter 6A.100 of the Municipal Code, relating to

Utilities Gross Earnings Tax - Public Utilities, by amending Section 6A.100.040,

entitled “Deductions”, to add a deduction for grants; expand the deduction for

interdepartmental rent to include all utilities; repeal tax deductions for

Contributions In Aid of Construction, interest earned from bond proceeds,

and the sale of property; remove deductions no longer utilized; update the

tax deduction for hauling recyclable materials to a tiered structure; and

clarify language.

[Danielle Larson, Tax and License Manager; Andy Cherullo, Director, Finance]