The Town of Waitsfield will hold the first of two public hearings on a proposed charter amendment regarding local option taxes on Monday, January 27, 2020 at 6:30 p.m. The hearing will be held in the conference room of the Waitsfield Town Offices, located at 4144 Main Street.
The second public hearing is scheduled for Monday, February 17, 2020. A public informational session is scheduled for Monday, March 2, 2020. All hearings are scheduled for 6:30 p.m. starts. The amendment, if submitted to voters, would appear on the warning for Town Meeting 2020, which is March 3, 2020.
The proposed amendment would enable the implementation of local option taxes at a later date – and only after an affirmative, subsequent vote from the public. An amendment to the charter is required for Waitsfield to levy a local tax of one percent on sales, rooms, meals, and alcohol. Municipalities that levy local option taxes receive 70 percent of the revenue; the State retains 30 percent as well as a per return fee (paid from municipal proceeds).
The amendment would add a new section (currently proposed as 155A-7) to the charter, and is drafted as shown below:
“24 V.S.A. Appendix § 155A-7. Local Option Taxes.
(a) Upon motion approved by the Selectboard or upon receipt of a petition submitted to the Selectboard signed by five percent of registered voters of the Town the voters of the Town may vote, at an annual or special meeting warned for the purpose, by a majority of those present and voting, to assess any or all of the following: (1) A one percent sales tax; (2) A one percent rooms tax; (3) A one percent meals and alcoholic beverage tax.
(b) A vote on local option taxes shall be conducted by Australian ballot. (c) A tax imposed under the authority of this section shall be collected and administered, and may be rescinded, as provided by the general laws of the State of Vermont.”
Please contact Town Administrator Trevor M. Lashua at (802) 496-2218, ext. 5; or [email protected] with questions.