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The original item was published from 6/17/2016 1:51:00 PM to 8/4/2016 12:00:04 AM.

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Posted on: June 17, 2016

[ARCHIVED] Ferguson City Council Places Business License Utility Tax ‘Increase on August 2 Ballot

The Ferguson City Council has placed a (2%) business license utility tax increase on the August 2, 2016, ballot. If approved by Ferguson voters, Proposition U would authorize the City of Ferguson to generate additional municipal revenues by increasing the current business license utility tax from (6%) to (8%) on utilities, including companies supplying light, electricity, power, gas, telephone and water.
“If approved by Ferguson voters the City anticipates the two percent increase will allow an additional $700,000 of collections,” said Ferguson City Manager, De’Carlon Seewood.

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