A tool designed to compute the total cost of a purchase within the city limits, inclusive of the levy imposed on sales. It facilitates the determination of the cumulative expense by factoring in the percentage added to the pre-tax value of goods or services. For instance, if an item is priced at $100 and the relevant rate is 6.1%, the tool calculates the additional $6.10, resulting in a final cost of $106.10.
Understanding the cumulative cost is vital for both consumers and businesses. For individuals, it allows for accurate budgeting and financial planning. For merchants, proper calculation ensures legal compliance and prevents revenue discrepancies. Historically, such calculations were performed manually, a process prone to errors. Modern automated solutions reduce these inaccuracies and streamline financial processes.
