How could someone apply for Section 4B Funds?
With voters’ approval, the City Council will create and appoint a 4B Sales Tax Board (Board of Directors). Typically, a 4B Board will establish a set of bylaws for Board governance, which also establishes the process of how requested projects would be considered. After the Board agrees on a proposed use of available funds, a written explanation and application for the use of funds is required for review by City staff to verify project eligibility under state law. After all of these steps have been successfully completed, the City Council must appropriate the funds to complete the process.

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1. Are there other ways to fund Economic Development?
2. Will approval of a Section 4B Sales Tax make my Property Taxes Increase?
3. Can a Section 4B Sales Tax be used to incentivize retail development?
4. What other ideas did the City Council consider in addition to a Section 4B Sales Tax?
5. Who decides how the money is spent?
6. How could someone apply for Section 4B Funds?
7. What restrictions does the 4B Sales Tax Board have on proposed uses of funds?
8. How many other cities have a Section 4B Sales Tax?
9. Is it proven to be effective in recruiting and/or retaining businesses in a community?
10. What happens if the community doesn’t want a Section 4B Sales Tax anymore?
11. What if the City Council and 4B Sales Tax Board cannot agree on a proposed use of funds?
12. Will the board have a general allocation of the sales tax for use?
13. Will every allocation come before the City Council?
14. If your proposed budget to the City Council had to be made today, what specifically would you recommend to make up for a $625,000 loss in revenue to the General Fund?
15. Will every question and response be posted on the internet site?
16. What is the advantage to a business considering Huntsville over what the City already offers to others?
17. It is my understanding that the Development Corporation is a fully registered corporation which operates independently of the city other than approval (See continuation of question in answer below)
18. Why has the City chosen not to provide a timely copy (written hard copy) of the published website information, one copy to be at the City Secretary Office and another at the City Library?
19. On what state website and where on that website can I find the ballot wording that is suggested or prescribed for a Type B election?