Local Option Sales Tax Could Help Area – Glasgow Daily Times

Glasgow Daily Times

October 15, 2014

Source: http://www.glasgowdailytimes.com/news/local_news/article_5009f46e-5422-11e4-b362-230fddb37a13.html
BY GINA KINSLOW Glasgow Daily Times

A possible source of funding – the local option sales tax – could benefit the Glasgow-Barren County Tourist and Convention Commission if the issue is ever placed on a ballot, according to information provided Tuesday by a tourism official.

Voters would decide to use the additional 1 percent sales tax that would be designated for a specific planned project, and it would be paid to the city. Additionally, only Kentucky cities with 15 percent of the total county population can use the tax.

Ann Stewart, marketing director for the Glasgow-Barren County Tourist and Convention Commission, recently heard a presentation about the tax while attending a meeting of the Kentucky Association of Convention and Visitors Bureaus. The KACVB has endorsed the tax.

“I wanted to share it with you so you will know it is going on. It could be something that Glasgow could use at some point,” Stewart said.

Earl Hammons, a member of the commission, asked Stewart to offer examples of how the tax is being used in other Kentucky cities.

“The tax is new to Kentucky,” she said. “An amendment is being proposed to Kentucky’s constitution. That’s why they are wanting to get support for it.”

Stewart spoke in favor of the new tax and said tourism officials at the KACVB meeting think it might discourage some from trying to take control of the 3 percent transient room tax that funds tourist commissions.

“That was just the thought that was shared (at the meeting),” she said.

The local option tax would be a 1 percent sales tax on top of the state’s 6 percent sales tax, Stewart said.

What People Are Saying

  • “Putting the local-tax amendment on the November 2014 statewide ballot is a no-brainer. If local people want to levy local taxes on themselves, they should be able to.”

    Al Cross, Courier-Journal columnist
  • Jeff-Bringardner-headshot-only“This is a way to keep dollars in the area, to come up with a diverse slate of projects that sync up with the long-term plans of the community and get voted on by the people”

    Jeff Bringardner, President, Humana Kentucky
  • BillLamb“If Louisville could adopt a 1% Local Option Tax, it would impose a minimal burden, but would raise over 90 million dollars a year.”

    Bill Lamb, President and General Manager for WDRB and WNYO
  • Bill Samuels Bellarmine Portrait“Local option makes all the sense in the world. Offering citizens the opportunity to vote on investing in their community is how our country ought to operate.”

    Bill Samuels, Chairman, Emeritus Makers Mark
  • …a new way for communities to see the projects they want and need go from the drawing board to reality — and to do it for themselves.

    Jim Host, founder of Host Communications and former State Commerce Secretary
  • LIFT is a tried-and-true tool that allows for more voter involvement in the process.  Voters, not politicians, would help determine big picture, visionary projects that could improve quality of life.

    Dave Adkisson, President and CEO of the Kentucky Chamber of Commerce
  • …an idea whose time has come, and could be a crucial economic development tool which will help our local communities build a better future, and the new jobs and businesses we need.

    Hal Goode, President and CEO of the Kentucky Association of Economic Development
  • In our opinion, Kentucky voters should be allowed to vote on the local option sales tax because it could fund public facilities without increasing property taxes.

    Morehead News
  • It will allow communities to plan and pay for improvements to enhance civic and economic life without going hat in hand each budget session to Frankfort.

    Lexington Herald-Leader
  • The beauty of it is that local voters have the say-so as to its enactment, and they have a sense that they are getting what they pay for.

    Princeton Times-Leader