Loading...
12-21-1993 - 1994 Business License Fees'*city of West Covina Memorandum TO City.Council and City Manager AGENDA FROM Finance. Department ITEM NO. C-8a SUBJECT: 1994 BUSINESS LICENSE FEES DATE December 21, 1993 SUMMARY: The, City Council will consider adopting a resolution suspending: 1) C.P.I. increases on business license fee, 2)' a portion of the business license fee for Category A -II and all of the business license fee for Category A -III, and 3) a portionof the business license fee for Category S(26). BACKGROUND: Each year the City's Business License Tax rates are reviewed.. The purpose of the review is to compare West Covina's rates with comparable cities`and,to recommend whether or not to allow the rates to be increased by an amount equal to the percentage increase of the .Consumer Price Index (C.P.I.). Those tax categories for which a portion of the rate has been suspended are also reviewed as to whether or not to continue the rate suspension: This year, staff also reviewed the City's Transient Occupancy Tax .(TOT.) rate which is currently set at ten percent.._ An informal review of other communities found that rates have not been increased. Therefore, rates charged in West Covina are generally at or above the average and staff is recommending that neither the Business License Tax rates nor the TOT rates be increased. As discussed in more detail'below, staff 1s'recommending that the C.P.I. increase be suspended as well as continuing the partial suspension of rates for specific categories. ANALYSIS: Ordinance No. 1442 provides that business license fees shall automatically be adjusted each year by the .percentage increase of the Consumer Price .Index (C.P.I.) for the Los Angeles -Long Beach area. The Municipal Code further provides that the City Council may suspend all or ,any portion of such increases. The City Council must, therefore, act each year if the increase is to be suspended. Historically, the City has generally suspended the C.P.I. increase due to the current fee schedule being higher than comparable cities. As in the past, it is recommended that the C.P.I. adjustment be suspended again this year which would result .in the rates for calendar year 1994 remaining constant. If,not suspended, rates will increase by 1.7%. Commercial property rental (Category. A -II) is .subject to a separate formula for calculating the amount of business license, based upon gross rental receipts. The Municipal Code permits the City Council to suspend all or a portion of the business license fee for this type of activity., Suspension action by the Council in the- past has reduced by 50 percent both the minimum license fee and the additional amounts due on gross rentals received. Thus, this has .resulted in a basic license of $50 .for the first $10, 000 in receipts ,plus $5 for each $1,000 of rental income over $10,000.' As revenue to the City from the commercial property rental business license is based upon the license percentage rate being applied to gross rentals, the amount to. be received from this source will tend to increase as rental charges to tenants are increased by property owners. Therefore, staff is recommending that the fee schedule not be increased for this category. This is accomplished by the Council continuing the same suspension of a portion of the fee.schedule as in the past. Another schedule 'of business license fees, covering tenants of commercial property owned by landlords exempted from local business licenses under State law (Category A -III), has been fully suspended in the past. Staff is recommending that this full suspension be continued. Memo to City Council aCity Manager Page 2 Lastly, Ordinance No. 1766 provides that the business license fee of small collection facilities and reverse vending machines may temporarily be reduced by Resolution and Council approval. Recycling centers are a result of the California Beverage Container Recycling and Litter Reduction.Act effective January 1, 1988. The consideration of suspending a portion of' the fee is to continue to encourage their establishment and success in our City. The resolution would reduce the business license fee for. Category S(26), small collection facilities and reverse, vending machines from $286 per year, or $16.50 per day, to $10 per year. The reduction is temporary through December 31, 1994, but may be extended in future years by Council resolution. RECOMMENDATION: It is recommended that the City Council adopt the following resolution suspending certain C.P.I. increases and portions of the business license tax and confirming the City's Transient Occupancy Tax rate: RESOLUTION NO. a A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, SUSPENDING ANY INCREASE IN THE AMOUNT OF CHARGES RELATING TO BUSINESS LICENSE TAX FOR THE CALENDAR YEAR COMMENCING JANUARY 1, 1994, AND SUSPENDING ALL OF THE BUSINESS LICENSE TAXES IMPOSED UNDER SECTION A=III OFFICE AND COMMERCIAL RENTALS, AND A PORTION.OF THE BUSINESS LICENSE TAXES IMPOSED ON CATEGORY . S (2 6) SMALL COLLECTING FACILITIES AND REVERSE VENDING MACHINES AND CONFIRMING THE TRANSIENT OCCUPANCY TAX RATE. Basil Panas City Controller REVIEWED AND APPROVED: Abraham . Koniarsk Finan Director AWK/gma 1994BUSI.AGE