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in <br /> Finance and Treasury <br /> DATE: 2/5/2024 <br /> MEMO: <br /> TO: Honorable Mayor Moore Wolfe and <br /> City Council Members <br /> FROM: Scot Wrighton,City Manager <br /> Ruby James,City Treasurer&Chief Financial Officer <br /> SUBJECT: Amending City Code to Remove the Prompt Pay Discount on Local Taxes <br /> SUMMARY RECOMMENDATION: <br /> It is recommended that the City Council approve changes to Ordinance 51.2 Food&Beverage Tax, Ordinance 51.4 Hotel Use Tax, <br /> and Ordinance 51.5 Hotel Use Tax. <br /> POTENTIAL OBJECTIONS: There may be objections from a few taxpayers,as this amounts to a small increase for those who <br /> do use the discount. <br /> INPUT FROM OTHER SOURCES: <br /> No input from other sources. <br /> STAFF REFERENCE: Scot Wrighton,City Manager Anthony Cooling,Budget&Revenue Officer <br /> ATTACHMENTS: <br /> Description Type <br /> Cover Memo Cover Memo <br /> Ordinance Ordinance <br />