City Council

(31) 25-1474 BUDGET AND FINANCE COMMITTEE REPORT relative to the feasibility and fiscal impact of raising the small business exemption threshold, and business tax practices of other cities. Recommendation for Council action, pursuant to Motion (Rodriguez - Blumenfield): INSTRUCT the Office of Finance, with the assistance from the City Administrative Officer (CAO) and Chief Legislative Analyst (CLA), to report to Council on the following: a. The feasibility and fiscal impact of raising the small business exemption threshold. b. The practices of other cities in regards to business tax. Fiscal Impact Statement: Neither the CAO nor the CLA has completed a financial analysis of this report.