The filing period for arguments for or against the proposed Dedicated Transaction Privilege Tax that will appear on the November 5th Special Election ballot are due to the City Clerk’s Office by 5 pm on Friday, July 12th.
At their May 14, 2024 Voting Meeting, Council adopted Ordinance No. 2024-1858 placing Proposition 478 Dedicated Transaction Privilege Tax the November 5th ballot and adopting the following ballot language:
Shall the City of Prescott adopt a dedicated transaction privilege tax of ninety-five hundredths of one percent (0.95%), taking effect on April 1, 2025, and then reducing to seventy-five hundredths of one percent (0.75%) by December 31, 2035, the revenue from which shall be contributed to the City’s general fund for the sole purpose of improving funding public safety services within the City.
A “yes” vote shall have the effect of adopting the dedicated transaction privilege tax of ninety-five hundredths of one percent (0.95%), reducing to seventy-five hundredths of one percent (0.75%) by December 31, 2035, the revenue from which shall be contributed to the City’s general fund for the sole purpose of funding public safety services within the City.
A “no” vote shall have the effect of not adopting a dedicated transaction privilege tax which would have contributed to the City’s general fund for the sole purpose of funding public safety services within the City thereby limiting funding opportunities for public safety services within the City.
Arguments for or against this Proposition will be accepted by the City Clerk’s Office May 17th thru July 12th in person or via mail to 201 South Montezuma Street, Suite 302 Prescott, Arizona, 86301. Submitted arguments shall not exceed three hundred (300) words in length; shall be accompanied by a $100.00 per argument deposit; shall include the signature(s) of those providing the argument(s); a copy of the argument must be submitted in electronic format; must include an address and phone number for the person submitting the argument (this information will not appear in the publicity pamphlet). For additional information regarding Prop 478 or the 2024 Special Election, please visit the city website or contact the City Clerk’s Office at 928-777-1437.
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