Title
a. Receive an update on direction received on commercial cannabis cultivation business tax payment plans during the Budget Workshop;
b. Receive and approve an interest rate for Fiscal Year 21-22 formal payment plans if the operator chooses to extend payments to three years;
c. Consider adoption of a resolution to authorize the Treasurer-Tax Collector to:
1. Extend the previously authorized conditional waiver of penalties and resume interest on unpaid installments of the annual commercial cannabis cultivation business tax for the second through fourth quarters of Fiscal Year 21-22, so long as the full amount due is received by the Treasurer-Tax Collector on or before March 31, 2026.
2. Extend the previously authorized conditional waiver of penalties and interest on unpaid installments of the annual commercial cannabis cultivation business tax for all quarters of Fiscal Year 22-23, so long as the full amount due is received by the Treasurer-Tax Collector on or before December 15, 2023; and
d. Provide further direction as appropriate.
Report
RECOMMENDATIONS:
It is recommended that the Board of Supervisors:
a. Receive an update on direction received on commercial cannabis cultivation business tax payment plans from the Board of Supervisors during the Budget Workshop;
b. Receive and approve an interest rate for Fiscal Year 21-22 formal payment plans if the operator chooses to extend payments to three years;
c. Consider adoption of a resolution to authorize the Treasurer-Tax Collector to:
1. Extend the previously authorized conditional waiver of penalties and resume interest on unpaid installments of the annual commercial cannabis cultivation business tax for the second through fourth quarters of Fiscal Year 21-22, so long as the full amount due is received by the Treasurer-Tax Collector on or before March 31, 2026.
2. Extend the previously authorized conditional waiver of penalties and interest on unpaid installments of the annual commercial cannabis cult...
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