Gilbert prohibits use of special excise tax

By Tom Blodgett | YourValley

Gilbert Town Council unanimously approved a resolution Aug. 6 prohibiting the town from using any government property lease excise tax for its redevelopment efforts or related to a central business district. 

The GPLET is a way to stimulate development in commercial districts by temporarily replacing a building’s property tax with an excise tax. It is a tool the state allows for use in designated redevelopments areas and central business districts.  

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August 2024
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