10. 26-0477 Consideration of: a) Resolution No. 26-0087 Placing a Ballot Measure on the November 3, 2026, General Municipal Election to be Conducted by the Los Angeles County Registrar - Recorder/County Clerk that Would Update/Simplify the Business License Tax; b) Resolution No. 26-0088 Providing for the Filing of Rebuttal Arguments for the City Measure; and c) Selection of a Ballot Letter Designation for the City's Ballot Measure to Update/Simplify the Business License Tax (Revenue Budget Impact) (Finance Director Bretthauer).
(Estimated Time: 1 Hr.)
A) CONSIDER ADOPTING RESOLUTION NO. 26-0087
B) CONSIDER ADOPTING RESOLUTION NO. 26-0088
C) SELECT BALLOT LETTER DESIGNATION
Out of town businesses (i.e., ~ 2500 contractors, or those with no physical store or local address) should not be included in statistical reference to lowering taxes. Change ballot measure wording to lowering taxes for X% of "local Manhattan Beach businesses" - match True North Survey. Raise flat tax for all, reduce the % of gross receipts - goal to be within the margins for revenue neutrality and tax reduction for 70% local business survey language.
Finally - the fairness and equity argument came across last meeting that we had these big ("bad") businesses that were not paying their fair share. #1) Council and city staff control the process - not their fault it taken this long to address, #2) these larger corporations support and sustain our community with hundreds or thousands even millions of dollars in jobs, sales tax, community donations, etc... Don't make them your posterchild by astronomically raising their cap to $100,000 out of spite. Optics matter here.
Out of town businesses (i.e., ~ 2500 contractors, or those with no physical store or local address) should not be included in statistical reference to lowering taxes. Change ballot measure wording to lowering taxes for X% of "local Manhattan Beach businesses" - match True North Survey. Raise flat tax for all, reduce the % of gross receipts - goal to be within the margins for revenue neutrality and tax reduction for 70% local business survey language.
Finally - the fairness and equity argument came across last meeting that we had these big ("bad") businesses that were not paying their fair share. #1) Council and city staff control the process - not their fault it taken this long to address, #2) these larger corporations support and sustain our community with hundreds or thousands even millions of dollars in jobs, sales tax, community donations, etc... Don't make them your posterchild by astronomically raising their cap to $100,000 out of spite. Optics matter here.