Downtown Businesses Could See Cuts
COLUMBIA - Local residents are looking to repeal a business license tax imposed on Columbia's downtown district on Wednesday.
Residents discussed repealing the additional business license tax on persons doing business in the Columbia Special Business District.
City Council discussed the repeal of the tax as a part of the Downtown Community Improvement District at Tuesday's city council meeting. The Downtown Community Improvement District was formed to replace the Special Business District.
John Trigg has owned Studio Home since October 2008. He said the repeal would be convenient for him.
"It's just one less thing I have to pay and one less thing to fill out," mentioned Trigg.
The Special Business District has been funded by property taxes, payments in lieu of property taxes and an additional business license tax on downtown businesses. The Community Improvement District will be funded by special property assessments and a half-cent sales tax recently approved by voters in the district last November.
Discover the District Director Carrie Gartner said this is an opportunity for entreprenuers in the district.
"It means that downtown business owners are not being nickel and dimed right now. It will actually be less expensive for them to run a business, and that could be passed on to the customers," said Gartner.