Impact
WARD: Ward 7
COMMITTEE: Finance
$ IMPACT:
Title
Approval to amend the FY2017 Budget Fee Schedule to reduce a Liquor Package License from $5,000.00 to $2,000.00.
Body
ISSUE: A proposed fee schedule change to a Liquor Package License in the FY2017 Budget Fee Schedule created a $3,530.00 increase from $1,470.00 to $5,000.00. This item is for the approval to amend the FY2017 Budget Fee Schedule for a Liquor Package License to $2000.00, thus creating a $530.00 increase in the FY2017 Fee Schedule.
BACKGROUND: During the adoption of the FY2017 Budget, Community Development presented proposed fee increases for alcohol beverage licenses. The recommended fees were to remain consistent with the Cobb County Fee schedule. All of the City of Smyrna alcohol beverage fees were within reasonable proximity to the current Cobb County rates, however, the Liquor Package Fee for the City was set at $1,470.00 and Cobb County was set at $5,000.00 for this license. The City made the increase to the $5,000.00 Cobb County rate and after further review the City has proposed to amend and reduce the fee increase to $2,000 for Budget year FY2017.
This will create a increase for a Liquor Package License of $530.00 for each of the 8 establishments over 2016 amounts. The decrease from $5,000 to $2,000 will result in a $24,000 reduction in budgeted fee revenue for the FY2017 Budget.
RECOMMENDATION/REQUESTED ACTION: Approval to amend the FY2017 Budget Fee Schedule.