City of Baltimore - File #: 09-0104R

• File #: 09-0104R
• Version: 0
• Name: Informational Hearing - Parking Tax
• Type: City Council Resolution
• Status: Failed - End of Term
• File created: 1/26/2009
• In control: City Council
• Title: Informational Hearing - Parking Tax FOR the purpose of requesting the Baltimore City Comptroller and the City Auditor to report to the City Council on Parking Tax collections; the number of facilities in the City the parking tax should apply to; the number of facilities from which the tax is currently being collected; and the amount of revenue that would be collected if all parking facilities subject to the tax remitted the appropriate amount to City government.
• Sponsors: Robert Curran, Bill Henry, President Young, James B. Kraft, Sharon Green Middleton, Edward Reisinger, Agnes Welch, Helen L. Holton, Warren Branch, William H. Cole, IV, Mary Pat Clarke
• Indexes: Parking, Resolution, Tax

Date	Ver.	Action By	Action	Result
10/5/2009	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
9/25/2009	0	The City Council	Referred for a Report
1/29/2009	0	The City Council	Referred for a Report
1/29/2009	0	The City Council	Referred for a Report
1/26/2009	0	City Council	Introduced
1/26/2009	0	City Council	Assigned

* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)

Introduced by: Councilmember Curran


A RESOLUTION ENTITLED

A COUNCIL RESOLUTION concerning
Title
Informational Hearing - Parking Tax

FOR the purpose of requesting the Baltimore City Comptroller and the City Auditor to report to the City Council on Parking Tax collections; the number of facilities in the City the parking tax should apply to; the number of facilities from which the tax is currently being collected; and the amount of revenue that would be collected if all parking facilities subject to the tax remitted the appropriate amount to City government.
Body
Recitals

Baltimore City’s parking tax, first enacted in 1968, was amended September 2008, to provide for a change from the current 2-tiered rate that computed tax differently for daily and monthly parking to a single 16% tax on parking. The revised tax is expected to raise from $4 to $6 million additional revenue a year and will be used, in part, to support a system of shuttle buses to facilitate the movement of people around downtown neighborhoods.

The Department of Finance reports that Parking Tax Revenues for FY 2005 through FY 2009, under the 2- tiered system ranged from a low of $16,195,784 to a high of $18,480,586 (budgeted prior to passage of the new rate) for FY 2009. The projected revenues for FY 2009, with the imposition of the 16% rate in December 2008, are expected to reach $21,026,000. In FY 2010, the first full year at the 16% rate,...