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Financial Amendments <br /> Additional direction needed <br /> ................................................................................................................................................................................................. <br /> . . Direction <br /> Supply-side (non-retail) tax rates Direction needed— staff recommend a <br /> reduction to 4%, while industry recommends a <br /> reduction to 1%. UFCW recommends tax <br /> credit option for providing community and <br /> social equity benefits. <br /> Retail tax rates Direction needed— staff recommend leaving <br /> the retail taxes for medicinal (651o) and adult- <br /> use (851o) intact, while industry recommends a <br /> reduction ranging between 5% and 7%. UFCW <br /> recommends tax credit option for providing <br /> community and social equity benefits. <br /> Community benefit & social equity tax credits Direction needed—proposals have been <br /> or rebates received to provide for a tax credit program for <br /> qualified employers, qualified employees, <br /> equity employees,job/skills creation, and <br /> similar features and an in-lieu fee program as <br /> a separate option. <br /> t annabis Ordinance Updates Study Session <br /> Slide 16 Planning and Building <br /> July 29, 2022 <br />