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File #: 24-0484    Version: 1 Name: Proposed Revenue Measures
Type: CC- Study Session Status: Agenda Ready
File created: 6/17/2024 In control: City Council
On agenda: 7/9/2024 Final action: 7/9/2024
Title: PROPOSED REVENUE MEASURES As part of a broader strategy to address the imbalance in the General Fund budget, staff identified revenue enhancement opportunities that would have minimal impact to residents of Santa Rosa. Santa Rosa’s Transient Occupancy Tax (TOT) and General Business License Tax (BLT) have not been updated since 1993 and 1990, respectively. Increasing these tax rates would; have minimal impact to Santa Rosa residents, increase General Fund revenue significantly, and ensure the continuation of vital services to the community. In this study session, staff will provide background information on the existing TOT and General BLT ordinance and provide details of the proposed changes. There are no changes proposed to the separate and distinct BLT structure that applies to businesses in the cannabis industry.
Sponsors: Finance
Indexes: Not a Project
Code sections: 15061(b)(3) - General Rule Exemption, 15378 - Not a Project
Attachments: 1. Staff Report, 2. Presentation, 3. Correspondence, 4. Late Correspondence (Uploaded 07-09-2024), 5. Revised Presentation (Uploaded 07-09-2024), 6. Late Correspondence (Uploaded 07-10-2024)
Related files: 24-0573, 24-0568, 24-0574, 24-0569, 24-0659, 24-0731