I will vote ‘yes’ on the excise tax on short-term rentals and think the money would be better spent on public transport. More importantly, I support the idea of people having a say in policy-making. I do not believe that this tax is a miracle solution to our current housing crisis. We need a multi-faceted approach that provides flexibility and can adapt to a variety of homeownership scenarios. The people of Frisco have the best perspective on how to resolve this situation, and we should look to them for solutions.
—James Hayes Walsh
Yes, I voted for the excise tax decided by the people. Personally, I believe that short-term rentals have directly and negatively affected local workforce housing. Additionally, short-term rentals are not commercially taxed like other forms of accommodation. A hotel pays more taxes on its occupants. In most cases, short-term rental is a business proposition. If Frisco residents vote in favor of this ballot measure, the 5% surcharge will come from visitors who use them and go directly to funding workforce housing. This ballot measure also puts us more in line with what other local municipalities charge the short-term rental market.
The people of Frisco will make that decision, but I believe the excise tax is justified. Labor housing is unquestionably necessary and the excise tax is the most logical solution advanced so far. The choice to rent short term rather than long term is financial. However, making this choice is a major contributor to the lack of affordable and available housing for our residents, so it makes sense to me that those who make this choice are contributing to the solution.
While I support the excise tax on local ballots, I don’t see it as a long term solution but more of a temporary situation because if passed we will at least be in line with local taxes. excise from other local towns on rentals. But a closer, deeper look at the short-term rental situation is needed in order to save our workforce and grow our community in all the ways that support all businesses and services in our community.
I support the excise tax on the local ballot. Funds from the excise tax can be used to further support housing plans and the long-term vision that most community members support for the future of our city.
—Joe “Buck” Phillips
Yes, as a way to help fund affordable housing in our community. The excise tax on short-term rentals is a continuation of our efforts started with 5A (Countywide Sales Tax to Generate Funds to Help Affordable Housing). While the 5A tax is paid by everyone, the excise tax would be paid by visitors, not residents.
Frisco has targeted 5A funds at several affordable housing projects (three currently in various stages of planning and development). However, 5A funding is insufficient to fund these projects, and we need even more projects to address our workforce housing issues, so I support the excise tax for now.
While I support affordable housing, I am also sensitive to the importance of tourism for our city. That’s why I say “for now”. Looking to the future, with the success of our affordable housing projects, I would support exercising the option our City Attorney identified at a recent council meeting. He said the council could choose to reduce or eliminate the excise tax in the future without further ballot initiative, because only new or increased taxes need to appear on a ballot and reductions do not.
I am not in favor of the excise tax. We should be able to find solutions to our short term rental problems without the government raising taxes.
Three seats are up for election on the Frisco City Council. For more on candidate questions and answers, go to SummitDaily.com/election.