Bell : Utilities Tax Drops to 5% for ‘94; Should End in ’95
Taxpayers are getting some relief this month from the 10% users tax on gas, electricity and other utility bills.
The tax dropped to 8% Oct. 1, and the City Council approved another reduction to 5% next year. By October, 1995, the tax should be eliminated, said City Administrator Robert Rizzo.
City officials had discussed extending the 10% tax another year, but council members decided to stick to their original plan to phase it out.
“The council made a commitment to the public and found that to be more important than the $300,000 the extra tax would have raised,” Rizzo said. “They wanted to live by their word.”
The tax raised $2 million last year and will raise about $4.5 million over a three-year period, Rizzo said. The tax decrease should save residents about 72 cents each month.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
