SR-9-A (11)
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City Council Meeting 9-22-81
Santa Monica, Cal~fornia
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STAFF REPORT
TO: Mayor and City Council
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FROM:
City At.torney
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SUBJECT: Resolution Declaring Intention to Amend
Ordinance Number 725 (CCS) To Increase Amount
of Revenues Allocable to Collection Expenses
The City of Santa Monica has created by ordinance
various business promotion districts under the Parking and
Business Improvement Area Law of 1965, Streets and Highways
Code Section 36000 ~ seq. Under these ordinances, revenue
is raised by increasing the amount of the business license
taxes paid by merchants. The additional revenue, less costs
of collection, is turned over to the Chamber of Commerce for
business promotion activities.
The Director of Finance has reported that the Cityts
actual cost of collection exceeds the collection expenses
allocated by the ordinances. Under the ordinance creating
the downtown promotion area, one percent (1%) is allocated
for collection expenses. Under the ordinance creating the
Montana Avenue promotion area, five percent (5%) is allocated
for collection expenses.
The Director of Finance has determined that the City's
collection costs can be recovered by increasing the
collection allocation for the downtown promotion area from
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one percent (1%) to five percent (5%). The accompanying
() resolution sets in motion the statutory procedure to amend
the ordinance to increase the collection allocation.
RECOMMENDATION
It is respectfully recommended that the accompanying
resolution be adopted.
PREPARED BY: Robert M. Myers, City Attorney
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