Aberdeen City Council to address the BID tax Monday

ABERDEEN, S.D.(HubCityRadio)- At this Monday’s City Council, the Aberdeen City Council will address the BID tax ordinance that was discussed almost three weeks ago.

“Possible first reading of an ordinance amending the BID tax rate and to approve the first reading of Ordinance No. 24-07-01, Amending Aberdeen City Code, Sec. 50-43 to increase the rate of levy of the downtown BID general occupation tax, to thereafter allow for changes in the rate of levy of the occupation tax by resolution, and to clarify the exemption from the tax of certain uses of real property.”

The current tax rate is four cent per square feet.  The ordinance would raise it to eight cents per square foot.

Check this link for the recap of the session that took place three weeks ago.

The Council meeting will take place at 5:30pm and is open to the public.