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No plans for town room tax in Sylva

No plans for town room tax in Sylva
Wednesday, May 05, 2021
While Sylva’s downtown sees significant tourism traffic, its city limits contain few hotels or other lodging businesses. File photo
While Sylva’s leaders have considered the idea of a town occupancy tax a couple times over the years, so far they’ve always walked away from the discussion deciding that it wouldn’t be the right move for the small town of 2,700.
Town Manager Paige Dowling said she looked into it several years ago and concluded that the process involved likely wouldn’t be worth the small amount of revenue the town would receive from the limited lodging in its jurisdiction. ....

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Sylva ponders tax increase

Sylva ponders tax increase
Protestors hold signs opposing a plan to increase taxes to fund additional police officers during a public hearing on a different topic the board held at Bridge Park April 1. Holly Kays photo
Sales tax receipts are booming in Sylva and a newly completed property revaluation will bump real estate values by about 14.5 percent this year if tax rates stay the same, the town would expect to receive $345,000 more in the coming fiscal year than in the current year’s budget.
That increase equals 7.86 percent of the estimated general fund revenues for 2021-22, but three of the town’s five commissioners say they support an increase to the tax rate as well. ....

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