Council bill would OK digital ads on newsstands
In City Council's ongoing effort to find more places to allow advertising - and to raise more money for the city's coffers - Councilman William K. Greenlee introduced a bill Thursday to allow newsstands to sell digital advertising on all sides and to permit ads on vinyl wrapping on newsstands.
In City Council's ongoing effort to find more places to allow advertising - and to raise more money for the city's coffers - Councilman William K. Greenlee introduced a bill Thursday to allow newsstands to sell digital advertising on all sides and to permit ads on vinyl wrapping on newsstands.
The bill would impose a 7 percent excise tax, consistent with taxes already charged for advertising on private property.
"Allowing for enhanced advertising on newsstands is a win-win for the city, as it generates more revenue and helps small-business owners become more successful," Greenlee said in a statement. The bill also would allow newsstands to sell nonalcoholic bottled drinks.
Council President Darrell L. Clarke has trumpeted advertising on city property as a rich vein for mining new tax revenues. - Troy Graham