Make Your Voice Heard. Contact Your Alderman and Board President Lewis Reed. Contact Information at end of post.
11 am Wednesday, November 8th, 2017
St. Louis Board of Aldermen
Ways & Means Committee
Leisure Room, Room 230, City Hall, 1200 Market
Open to the Public
Board Bill 58 by 8th Ward Alderman Steve Conway, the Committee Chair, to Repeal Payroll Tax Exemption on Nonprofits with more than 20 employees, subject to public vote.
Competing payroll tax legislation was assigned to the Legislation Committee, not Ways & Means. Board Bill 117 by 15th Ward Alderwoman Megan Green and 6th Ward Alderwoman Christine Ingrassia would establish a 5 Year Temporary 1/2% Payroll Tax on employees of For Profit businesses and Nonprofits with 250 or more employees for purposes of funding Public Safety, subject to public vote.
Neither of those tax hike proposals has a Fiscal Note assigned as of this post.
Board Bill 130 by 20th Ward Alderwoman Cara Spencer, 24th Ward Alderman Scott Ogilvie, 25th Ward Alderman Shane Cohn, and 9th Ward Alderman Dan Guenther is called the “Scottrade Bill” but also includes Peabody Opera House and “any new City-owned professional soccer stadium and other City-owned buildings used for sports and entertainment purposes.” The bill would fund renovation of Scottrade and Peabody and construction of a stadium to be owned by the City via $65 Million in bonded debt paid off from ticket fees and special district taxes generated at the facilities. It has a Fiscal Note assigned.
Under the current Scottrade “deal,” it looks the Blues lease expires in 2042 but the City will still be making payments on the deal through 2048 to the tune of $27 Million.
Members of Ways & Means Committee: 8th Ward Alderman Stephen Conway, Chair; 4th Ward Alderman Sam Moore; 13th Ward Alderwoman Beth Murphy; 14th Ward Alderwoman Carol Howard; 19th Ward Alderwoman Marlene Davis; 21st Ward Alderman John Collins-Muhammad; 23rd Ward Alderman Joe Vaccaro; 27th Ward Alderwoman Pam Boyd. Board President Lewis Reed is a voting member of all committee.