0982
@D
ORDINANCE NO. 982 (#21 92)
AN ORDINANCE PROVIDING FOR RESCISSION OF A FIVE (5) HI
ASSESSMENT AGAINST REAL AND PERSONAL PROPERTY AND LEVY OF A
ONE PERCENT (1%) SALES AND USE TAX WITHIN THE CITY OF
JACKSONVILLE, ARKANSAS; PRESCRIBING OTHER MATTE PERTAINING
THERETO; AND, FOR OTHER PURPOSES~
WHEREAS, the City Council of the City of Jac onville,
Arkansas, has determined that there is a eat ne for
development and funding of a multi-purpose community center,
improvement of general municipal services, development of
other capital improvement projects, and for a source of
revenue to finance these capital improvements services;
8.fl(j ,
WHEREAS, Arkansas Code Annotated 26 75 201 et seq~,
provides for the levy of a one percent (1%) city-wide sal s
and use tax to fund such capital improvements municip 1
services; 8J1d,
WHEREAS, levy of such a sales us tax WOll allow
t City Council to rescind t levy of a five (5) mill real
and personal property tax assessment currently levi er
authority of Jacksonville Municipal Ordinance No. 956
(#19 91)m Assessment collection of t sales use tax
would provide the necessary fund for ove ited
purposes, and t City Council would rescind levy of the f
(5) mill real and personal property tax to prevent extra tax
ation of the citizens of Jacksonville.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF JACKSONVILLE, ARKANSAS, THAT:
SECTION ONE: Under t authority of t authorizing
legislation, there is hereby levi a one percent (1%) tax on
the gross receipts from the sale at retail within t City of
all items which are subject to the Arkansas os os
1'ax A.nt of 1.941, a,s a,lnended (A(~A-'52 101 et ~ se<;l ro ) ) t
imposition of an excise (or use) tax on t star , use or
oth,er cOnStllnI)tion w'i thirl t (:ity ofJ tctngit,le persorlat)lE~
property, subject to the Arkansas Compensat Tax t of
1949, as amend (AeA 26 53-101 et. seqro), at a rate of one
percent (1%) of the sale price of the property or,
case of leases or rental, of the lease or rental price
(eol1ect.i"vely, ttle II leg arlcl tJse -fa.x"). ~e Sale~s IJE~e
Tax shall be levied and collect only to a maximum tax of
Twenty-five and 00/100 Dollars ($25~OO) for ach s 1
t r a11 s ae t ion.
SF~crrI(J~N 'fWD: "Single tra.11sac:tio.ntl i d,
to t nature of the ods pure as follows:
a.eco
A. When two or more devices in which, upon which or
which any person or property is, or may be ,transport r
clr8.t~:n, irlc l'ud, irlg 'but 11()t limit to, ()n ro vetlie les)
whether requir to be licens or not, off ro vehicles,
farm vehicles, airplanes, water vessels, motor vehicl or
non-motorized vehicles and mobile homes, are sold to a person
tyy' a sE~ller, each irlclividua.,l Ul1it, w:het1'1er l;;:Et.rt ~3. !lfl e "
sale or not, shall be treat as a s Ie transa tion f r t
purpose of the Sales and Use Tax.
B\
B. The charges for utility services, which are ect
to t Sales and Use Tax, and which are furn on a
continuous service basis, whether such services are pa
daily, weekly, monthly, or annually, for t purposes of t
Sales Use Tax, shall be computed in daily in rements, and
each such daily charge increment shall be consider to b a
single transaction for the purposes of the Sales Use Tax.
c. For sales of building materials
contractors, builders or other persons, a s
for the purposes of the Sales Use Tax, S
be any single sale which is reflected on a
receipt, or statement, on which an aggregate
tax figure has been report and remitt
Arka.rlsas.
and supplies to
Ie tr<:trisaet iorl,
11 be de t.o
s irlgle irfV() ice,
sales (or Lise)
to t St~ltl~! elf
D$ W two (2) or more items of or se
appliances, commercial appliances, r equipment
machinery are sold, each al unit shall be treat as
a single transaction for the purposes of t Sales U
'rax
E. r groceries, d s, and at r
tangible personal property services not at rwis
expressly covered in this Section, a single transaction 11
be deemed to be any single sale which is reflect
single invoice, receipt, or statement, on which an
sales tax figure been report remitt to
of Arkansas. ecifi ally exel from c
taxation purposes are prescription d items~
SECTION THREE: Under aut ri ing 1 islation pray
by Jacksonville Municipal 0 ance N . 956 (#19 91)
Twelve, Section Four, of t Ar sas Constitution, t
Council will forthwith rescind repeal t f (5)
assessment on real personal property with t C
Jacksonville upon majority approval by the elector
one percent (1%) sales and use tax within t Ci
Act
r~ ."
,,,,I J..
luill
()f
of t
SEC~TIOl~l :FOUR:
conflict herewith are
eorlf 1 ict .
/1,11 CJ
her
i fl ElI1 C e s
re];:'eal
a~n.(l/ or f)a,rts t
to t ~:~xten, t
r(:?o:r
() f ~~ [1.
SECTION FIVE: This Ordinance shall not t feet
until a Special Election is held on the question of levy
the Sales and Use Tax at which a majority of t electors
voting on the question shall appr t levy of t
Sales and Use Taxw
APPROVED AND ADOPTED
1992..
~
THIS _5 _'-
~DA, Y (J IT
R,
CITY OF JACKSONVILLE, ARKAN
\
1.'t1M.MY
.~.
OH.
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A.'rTE S'"f :
~ YA:_c?~~W
LULA M. LEONARD, CITY CLERK
"'-