MEMORANDUM
TO: Pete Sprague, Assembly President
Members, Kenai Peninsula Borough Assembly
FROM: Paul Fischer, Assembly Member
DATE: March 5, 2003
SUBJECT: Ordinance 2003-11, Amending the sales tax code to exempt a portion of gasoline and diesel fuels from sales tax
Retail gasoline prices include amounts paid by distributors for state and federal excise taxes. These amounts are subject to the borough sales tax. Exempting from sales taxes an amount equal to the state and federal excise taxes paid by distributors would provide some relief from taxes for the consuming public. This ordinance would provide for such an exemption.