City Council

(7) 23-0625 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to the Tax Board of Review and their authority to make a final determination in the appeal process of business tax assessments. Recommendation for Council action: REQUEST the City Attorney to prepare and present an ordinance revising the Los Angeles Municipal Code Section 21.16 to: Codify the authority of the Office of Finance to establish policies and procedures governing the activities of a Board of Review established under Section (g), to update those rules when the need arises, and to make them available to the public. Retain the authority of the Office of Finance to audit a business that has undergone administrative review proceedings pursuant to Subsection (i)(5). Retain the language of Subsection (i)(1) that effectuates the finality of a determination issued by a Board of Review, adding language to clarify that this is pursuant to the Director of Finance’s delegation of their power and duty to collect revenues, and add language that renders a determination as final and complete only upon the approval as to form and legality by the City Attorney. Repeal Sections therein that are no longer necessary inasmuch as the Office of Finance will establish procedures, pursuant to Recommendation 1a, to effectuate those sections.