Ringgold's Occupational Tax Committee will hold a second meeting to further brainstorm ideas for a plan on how to adjust the way it collects occupational taxes from local businesses.
The meeting will be held Tuesday, April 25. at 6 p.m. at Ringgold City Hall, 150 Tennessee St.
For more than 20 years, Ringgold has operated under an ordinance that charges businesses a $50 application fee and a $100 occupational tax fee for 20 employees or less. The tax fee climbs to $350 if the business has 100 employees or more, meaning the most any business would pay is $400 for the year.
Late last year the city planned to switch to a more modern ordinance, which would charge each business based on its annual revenue of gross receipts.
The plan was drafted as a way for the city to increase revenue so as to keep up with operating costs associated with supplying police, water, sewer, and fire needs.
During the first reading of the new ordinance on Dec. 8, the idea was met with a lot of resistance from a group of business owners. That resistance continued into the second reading.
On Dec. 12, after a five-day dialogue with business owners that spanned two meetings, the council opted to roll with the current ordinance for a little longer. The council set up the Occupational Tax Committee, which includes some of the concerned business owners, to see if their input could help create a more pleasing solution for all involved.
Councilman Larry Black was appointed chairman of the committee and will oversee the April 25 meeting.
Local business owners in the city are encouraged to attend and offer their opinions on the best plan, which will be implemented for 2018.