Chapter 3.32
WATER UTILITY TAX
Sections:
3.32.010 Tax imposed.
Commencing January 1, 1993, there is levied upon and there shall be collected from the town water utility a business and occupation tax in an amount equal to six percent of the gross annual income. Said tax shall be collected from the users concurrent with the billing for services of the water utility. [Ord. 355 § 1, 1993]
3.32.020 Funds dedication.
All water utility tax collected per this chapter shall be deposited into the general fund, and shall be used for the funding of general town services or municipal capital facilities as the council shall direct through its annual budget process. [Ord. 493 § 2, 2003; Ord. 355 § 2, 1993]