For Immediate Release
Sept. 6, 2017
Contact: Brian Dries
Controller Butkovitz to Conduct Beverage Tax Impact Survey
City Controller’s study will provide a better understanding of the effects of the new tax on the local economy
PHILADELPHIA - City Controller Alan Butkovitz today announced he will be conducting an economic impact study of the Philadelphia Beverage Tax (Beverage Tax) by surveying businesses of all sizes throughout the city.
The City Controller’s actions are a result of recent reports that the Beverage Tax is impacting businesses, including layoffs and cutting workers’ hours since the tax began. A letter was sent to the Commerce Director advising the study would commence today.
“The study will provide a better understanding of the effects the new tax is having on our local economy,” said Controller Butkovitz. “We will be analyzing if there has been any impact to businesses’ revenues, sales, changes in regular operations and the future outlook.”
The City Controller’s Office will be reaching out to the 1,000 businesses in the more than 50 commercial corridors in addition to connecting with the hundreds of other businesses identified as grocery, convenience, restaurants and bars, and retail throughout the city. The survey will also be promoted online through social media and email.
“As the City Controller, I am committed not only to ensuring that city government operates efficiently and effectively, but we must understand the effects of a new tax on our local economy,” said Controller Butkovitz.
In addition, the Beverage Tax revenues fell short of the city’s initial budgeted projections by about $7 million for Fiscal Year 2017. For the first month of Fiscal Year 2018, revenues were $1.2 million below the budgeted projections.
The Beverage Tax Impact Survey is located at bit.ly/BEVTAXSURVEY