Tag Archives: Tax cap

Kodiak city council deliberating. (Photo by Mitch Borden/KMXT) Mitch Borden/KMXT At its regular meeting on Thursday night, the Kodiak city council heard testimony from community members on whether it should or shouldn’t raise the city’s sales tax cap from $750 to $3,000. And then voted on it. For months, the Kodiak city council has been discussing raising the city’s maximum …

Fishing boats moored in Kodiak. ( Photo by James Brookes/Flickr) Mitch Borden/KMXT For months, the Kodiak city council has been working on how to balance its budget when it has a deficit close to $3 million. One of the ways it’s looking at generating revenue is raising the city sales tax cap from $750 to $3000. Many residents are worried …