A special tax for the purpose outlined in § 3.44.040 shall be imposed on nonresidential uses and on residential units in the amount specified below for each fiscal year from 2023 to 2027:
(A) Nonresidential uses. For each 1,500 square feet of floor area of nonresidential uses, the tax amount shall be:
(1) $94.50 for fiscal year 2023-2024;
(2) $97.50 for fiscal year 2024-2025;
(3) $100.50 for fiscal year 2025-2026; and
(4) $103.50 for fiscal year 2026-2027.
(B) Residential units. For each residential unit, the tax amount shall be:
(1) $94.50 for fiscal year 2023-2024;
(2) $97.50 for fiscal year 2024-2025;
(3) $100.50 for fiscal year 2025-2026; and
(4) $103.50 for fiscal year 2026-2027.
(Ord. 874, passed 11-8-2022)