At their May 14, 2024 Voting Meeting, Prescott City 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.
Document Library
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Ordinance 2024-1858 Re: Prop 478PDF (277.95 KB)
This is the full ordinance for Proposition 478, including language and definitions.
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Press Release Regarding Council Actions September 10MS Word (230.81 KB)
At their meeting on Tuesday, September 10, 2024, Prescott City Council took two separate actions to address concerns expressed by the public about Proposition 478, the sales tax increase to support public safety, scheduled for the November ballot. City Council added a definition of Public Safety to City Code, and also passed a resolution which states where new funds will be deposited, where they will be disbursed, how their use will be reported, and how the public will be able to monitor ongoing use of funds.
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Ordinance No. 2024-1874 Definition of Public SafetyPDF (56.17 KB)
On September 10, City Council approved this amendment to the City Code, providing a definition of Public Safety.