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Town Council hears the difference between A and B taxes
By Penny Rathbun
prathbun@acnpapers.com
The Little Elm town council heard a detailed presentation by attorney Jeff Moore on the Development Corporation Act at a joint work session with the Economic Development Corporation on Tuesday.
Moore is an attorney with Brown and Hofmeister, L.L.P. in Richardson.
Sales tax for economic development is a popular tool used by cities to promote economic development. Cujrrently 569 cities have Type A or B or both types of sales tax.
Tupe A sales tax is typically used for business and heavy industry projects. Type B tax was created for the ball park in Arlington. Type B funds are typically used for quality-of-life projects.
A town council must approve both Type A and B projects.
Greg Roemer and Robert Medigovich of Community Waste Disposal proposed extending their contract to take charge of the town's two clean-up days. Roemer said it will save the town $182,000 a year.
In closed session the council discussed modifications to the step/grade pay plan and an ordinance designating the town's administrative departments as set forth in the town charter.
In open session the council approved the step/grade pay plan changes and the ordinance designating the town's administrative department. Council member Bill Roebkin voted against the latter.
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