This resolution approves the Controller's calculation of the Consumer Price Index for 2025 and adjusts the Access Line Tax accordingly. This means that the tax rate will change based on inflation as measured by the Consumer Price Index.
Resolution concurring with the Controllerβs establishment of the Consumer Price Index for 2025 and adjusting the Access Line Tax by the same rate.
How it got here
The legislation originated from the need to adjust the Access Line Tax in accordance with the Consumer Price Index as mandated by Proposition O passed in 2008.
Proposition O was approved, establishing the Access Line Tax and allowing for annual adjustments based on the Consumer Price Index.
The Controller's Office calculated a 2.38% increase in the Consumer Price Index for the San Francisco/Oakland/Hayward area, which would affect the Access Line Tax rates.
The Controller notified the Board of Supervisors of the annual rate adjustment for the Access Line Tax based on the CPI increase.
The Mayor's Office submitted the proposed budget for FY 2025-26 and FY 2026-27, including the resolution to adjust the Access Line Tax.
The Budget and Appropriations Committee recommended the resolution to adjust the Access Line Tax.
The Board of Supervisors adopted the resolution adjusting the Access Line Tax in accordance with the 2025 Consumer Price Index.
The Mayor approved the resolution adjusting the Access Line Tax, finalizing the legislative process.
Reconstructed from attached documents & the official record