Title
Consideration of a Recommendation to Update Olympia Municipal Code Title 3 Related to Revenue and Finance
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a recommendation to the City Council to consider an Ordinance Amending Title 3 of the Olympia Municipal Code (OMC) relating to Revenue and Finance.
Report
Issue:
Whether to approve a recommendation to the City Council to consider an Ordinance Amending Title 3 of the Olympia Municipal Code relating to Revenue and Finance.
Staff Contact:
Shawn Ward, Interim Finance Director, 360.753.8465
Presenter(s):
Brandie Andrews, Tax and License Analyst and Audit Team Lead, City of Olympia
Background and Analysis:
In April 2024, the City Council approved a new Tax Compliance team focused on education and compliance outreach to people engaging in business here. To help in these efforts, staff propose administrative updates to Title 3.
Title 3 contains chapters related to the City's revenue and finances, including tax revenue remitted to the City by the State or County.
The updates being proposed to Title 3 are administrative in nature and involve moving one chapter out and one chapter in.
1. OMC Chapter 3.32 Admissions Tax: This chapter should be moved from Title 3 to Title 5 OMC to properly align this tax collected from people engaging in business in Olympia as provided within Title 5 OMC.
2. Previously designated OMC Chapter 5.86 Multi-Family Dwelling Tax Exemptions: This chapter should properly be moved from Title 5 into Title 3 OMC and redesignated as OMC Chapter 3.57.
Climate Analysis:
This agenda item is expected to result in no impact to greenhouse gas emissions.
Equity Analysis:
With the Tax Compliance program, we aim to ensure more equal access to Olympia's existing business tax regulations. The code clean-up will improve understanding of the City's existing licensing and tax obligations by making them clearer and mor...
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