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HomeMy WebLinkAboutResolutions R24-09-718 - 09/16/2024 - Occupational Tax Abatement - Qualifying Businesses within Deerfield Hwy 9 AreaSTATE OF GEORGIA COUNTY OF FULTON RESOLUTION NO. R24-09-718 A RESOLUTION OF THE CITY OF MILTON, GEORGIA TO PROVIDE FOR AN OCCUPATION TAX ABATEMENT FOR CERTAIN QUALIFYING BUSINESSES WITHIN THE DEERFIELD/HIGHWAY 9 AREA WHEREAS , Milton, Georgia is a dul y formed political subdivision of th e State of Georgia, with all the powers attendant thereto; and WHEREAS , pursuant to its Charter and other laws of the State of Georgia, the City of Milton has the power to adopt clearly reasonable ordinances , resolutions and regulations for the protection and preservation of the public health, safety and welfare of its citizens ; and WHEREAS , Chapter 12 , Article II of the City 's Code of Ordinances governs the imposition of business and occupation taxes; and WHEREAS, Sec . 12 -23 of the City 's Code of Ordinances ge nerall y sets the occupatio n tax based on the gross receipts of such business , w ith certain exceptions; and WHEREAS, the Official Code of Georgia An notat ed ("O.C.G.A.") Sec. 48 -13-l0(f) permits local governments to adopt a resolution providing for an exemption or reduction in occupation tax or a credit against occupation tax owed to one or more types of businesses or practitioners of occupations or professions as part of a plan for economic de velopment or attracting, encouraging, or maintaining selected types of businesses or occupations; and WHEREAS , Article 7B of the City's Un ified De ve lopment Plap outlines requirements and defines the boundary for the Deerfield/Highway 9 area as a high-quality , mixed-used development area; and WHEREAS , the City of Milton wis hes to encourage businesses that operate in certain fields to establish a physical presence wit hin the Deerfield/Highway 9 area by offering certain abatements within the City 's business and occupation tax ordinance ; NOW THEREFORE, BE IT RESOLVED , that businesses with a physical location in the Deerfield/Highway 9 area that meet the established criteria shall · not be required to pay an occupation tax based on the gross receipts of the business as outlined in Sec. 12-23 but shall be taxed a fee of $150.00 plus $7.00 per employee , and an administrative fee of $75.00. This tax abatement is provided upon the business certifying each calendar year that it meets the following requirements: (1) At least fifteen (15) employees are regularly working and present within the Deerfield/Highway 9 area; and (2) The base salary of each of the employees regularl y working and present within the Deerfield/Highway 9 area is at least $110 ,000 per year , inclusive of benefits ; and (3) At least fifteen (15) employees regularly working within the Deerfield/Highway 9 area are classified with one of the following codes from the North American Industry Classification System ("NAICS "): 23 -Construction , 54 -Professional , Scientific and Technical Services and 55 - Management of Companies and Enterprises. Upon confirmation of eligibility and payment of the occupation tax, the business shall still receive an occupation tax certificate confirming the abatement, which shall serve as a business license. n SO RESOLVED , the public health , safety and welfare demanding it , this /(/fi day of ,Jpterrilifr:, 2024.