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CC PACKET 03122019
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CC PACKET 03122019
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3/8/2019 10:29:26 AM
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The Value of Municipal Liquor Operations <br />“Without municipal liquor profits, cities would need <br />to either reduce their budgets or increase their fees <br />and property taxes”. <br />“In general, they do not operate any differently than <br />a private liquor store”. <br />“Municipal stores must abide by the same laws and <br />three-tier distribution model”. <br />“Residents also benefit from a publicly owned asset <br />that generates an economic return on equity and <br />capital, putting taxpayer dollars to productive use”. <br />Valuation Viewpoints, Shenehon Business & Real Estate Valuations <br />Our Profits are: <br />Transferred to the <br />General Fund <br />Reduce the Property <br />Tax Levy <br />Provide Funds for <br />Special Projects <br />Provide Funds for <br />Equipment Purchases <br />for all City <br />Departments <br />The Value of Municipal Liquor Operation Revenue <br />13
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