After another tied vote broken by the mayor, businesses in Hopkinsville will see a reduction in their business license tax. Tuesday night, with Brandi Stallons absent and Mike Velez abstaining, the council voted 5 to 5 on the second reading of the Occupational License tax.
click to download audioNo votes were Jason Bell, Elisabeth Draude, Vance Smith, Chuck Crabtree, and Amy Craig. Yes votes were Don Marsh, Travis Martin, Clayton Sumner, Seth Meek, and Brittani Bogard. This vote will lower the Business License Tax from 1.5 to 1.3 percent of a business’s net profits.
City Council also approved the second reading of the public comment time extension and the first reading of the dissolution of the cable oversight authority. Meanwhile, Chief Financial Officer Melissa Clayton presented the October financials.
click to download audioShe adds payroll and property tax collections are doing well.
click to download audioClayton says insurance premium taxes are up, but she thinks it will even out for the quarter as they saw more payments in October than they usually do.
