Sarasota County officially repeals business tax as an EDC funding source

A tax burden of nearly $500,000 will be shifted from businesses to individual taxpayers with a 50% match per private dollar invested.

Erin Silk is president and CEO of the Economic Develop Corp. of Sarasota County.
Erin Silk is president and CEO of the Economic Develop Corp. of Sarasota County.
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  • Manatee-Sarasota
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Sarasota County commissioners on July 9 unanimously approved a revised funding plan in its new contract with the Economic Development Corp. of Sarasota County. But division among the board over the issue of ending the organization-supporting business tax lingers.

 

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