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CC Exhibit 06-05-2018 Item No. 4 Potential Revenue Measures Presentation
1 Employer-Based Revenue Measure Restructuring the Business License Tax Sguare Footage Range Home Occu ations -0 1-5,000 0.0380 5,001-25,000 0.0331 25,001-75,000 0 .0287 75,001-100,000 0.0237 100,001-150,000 Tax Range $144 $144-$334 $334-$996 $ 99 6-$2,431 $2431-$3,024 $3,024-$3,969 $3,969+ 2 Square Footage 400 SM Restaurant 2,000 0 .0380 LG Restaurant 5,000 0 .0331 LG Grocer 50,000 0 .0287 $1,714 LG Retail 135 ,000 0.0189 $3,685 1,000,000 0.0048 $8 ,049 $16,689 • 0 SF • 1-5,000 SF • 5,001-25,000 SF • 25 ,001 -75 ,000 SF • 75,001 -100,000 SF 3 Current Employee-Based Taxes • Sunnyvale • Son Jose · Redwood City · Proposed for Mountain View (November 2018} 4 5 $450,000 7.56% 300 75 ,000 1.06% 425 14,875 15 0.45% 450 50 31,750 3 0.09% 450 50 33,850 1 0 .03% 550 450 200 30.450 0 0.00% 450 250 0.03% 450 300 6 Storm Drain Fee Increase Getting to cost recovery 7 8 Polling • Polling shows likely November vote~supportrevenue measures Next Steps • Council direction on moving forward or not • Timeline 9 10