Proposes a change to city law: Adopting the Neighborhood Beautification and Graffiti Clean-up Fund Tax designation ceiling for tax year 2026.
Ordinance adopting the Neighborhood Beautification and Graffiti Clean-up Fund Tax designation ceiling for tax year 2026.
How it got here
The legislation to adopt the Neighborhood Beautification and Graffiti Clean-up Fund Tax designation ceiling for tax year 2026 originated from the Controller's calculations required by the Business and Tax Regulations Code.
The Controller calculated the maximum percentage of gross receipts tax liability that taxpayers can designate for the Neighborhood Beautification Fund, establishing a ceiling of 6.2% for tax year 2026.
The Mayor's Office submitted the proposed budget and related legislation, including the ordinance for the Neighborhood Beautification Fund Tax designation ceiling, to the Board of Supervisors.
The Mayor's Budget Director requested a 30-day waiver for the ordinance to expedite its consideration by the Board of Supervisors.
The Clerk of the Board received the ordinance for the Neighborhood Beautification and Graffiti Clean-up Fund Tax designation ceiling, marking its official entry into the legislative process.
The President of the Board assigned the ordinance to the Budget and Appropriations Committee for review.
The Budget and Appropriations Committee reviewed the ordinance as part of the budget process.
The Board of Supervisors conducted the first reading of the ordinance adopting the tax designation ceiling for the Neighborhood Beautification Fund.
Reconstructed from attached documents & the official record
