TAMPA, Fla. — The Hillsborough County Commission could increase raising taxes and fees to increase county revenue.
The Tampa Bay Times reports commissioners have given preliminary approval to several fee and tax increases over the next fiscal year.
The could also be an increase in development fees for the first time in 30 years. The county must figure out what services it can afford to provide while dealing with its population growth.
In the past, Hillsborough County has heavily relied on property taxes to cover the cost of services.
According to the May 15 Hillsborough County Commission agenda, commissioners are expected to discuss whether to consider an ordinance that would increase the tourist development tax by an additional percent at a public hearing on June 5. As of Wednesday, there is a 5 percent sales tax on hotel and rental stays.
The commission estimates an increase from 5 percent to 6 percent would raise an additional $6.4 million per year for tourism-related projects and promotions.
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