The Sitka Assembly will meet on the early side tonight (01-24-17). The group is holding a work session at 5 p.m. to review electric rates and the city’s debt services.
And during their regular meeting, they will review a proposal to raise Sitka’s sales tax cap. Right now, merchants do not have to report sales over $3,000. Under this ordinance, co-sponsored by Mayor Matthew Hunter and Assembly member Bob Potrzuski, the sales tax cap would raise to $12,000. That would mean that ony business sales over $12,000 would be tax exempt.
Jay Sweeney, Chief Finance and Administrative Officer, estimates this change would generate between one and one-and-a-half million dollars in new revenue for the city per year.
Sitka has also qualified for five state loans to replace water and sewer lines, sewage pumps, and make improvements to the city’s wastewater treatment plant. The Assembly will review those loans, along with several liquor license renewals, at their regular meeting at Harrigan Centennial Hall at 6 p.m. tonight.
Raven Radio will join the meeting live in progress, after Alaska News Nightly.