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HomeMy WebLinkAbout7/7/2004 - STAFF REPORTS (22) DATE: July 7, 2004 MEMO TO: City Council FROM: Director of Finance & Treasurer RE: Business License Administrative Fee RECOMMENDATION: It is recommended that the City Council amend the Comprehensive Fee Schedule to add a new fee for the administrative costs of Business License issuance, at the rate of $25 for new licenses and $15 for renewed licenses, including licenses for tax-exempt organizations. SUMMARY: The proposed fee would cover all or most of the City's administrative costs of issuing and tracking the more than 7000 business licenses. The estimated annual cost of $113,101 includes funding for 1.75 positions allocated to business license issuance and collection, the cost of maintaining the computers and software, and other typical office expenses, such as postage, supplies, etc. BACKGROUND: As part of the solution for balancing the City's 2004-05 budget, the City Council included an increase of$100,000 in the revenue estimate for Business License. The increase is the result of the proposed new Business License Administrative Fee at the rate of$25 for new licenses and $15 for the renewal of existing licenses. The proposed fee would reimburse the City for the cost of issuing the license and administering the system. The fee would be added to the existing Business License Tax and would be collected at the same time. Except for some minor adjustments to the computer system, there should be virtually no increase in administrative costs. The business license tax itself has not been increased since 1988. If approved, the fee would be effective August 1, 2004. Approved: Submitted by: David H. Ready Thomas M. Kanarr ' City Manager Director of Finance & Treasurer Attachments: Resolution i RESOLUTION NO. OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING RESOLUTION 20942, THE COMPREHENSIVE FEE SCHEDULE, TO ADD THE BUSINESS LICENSE ADMINISTRATIVE FEE, AT THE RATE OF $25 FOR ALL NEW BUSINESS LICENSES, AND $15 PER YEAR FOR ALL RENEWED BUSINESS LICENSES, WHEREAS on May 19, 2004 the City Council Adopted Resolution 20942, and WHEREAS, Resolution 20942 is the City's Comprehensive Fee Schedule; and WHEREAS, the City Council wishes to amend Resolution 20942 to add a fee for the administrative costs of collection and tracking business licenses; and WHEREAS, the Department of Finance has determined that the approximate administrative costs for business license collection and tracking exceed $100,000 per year; NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs that Resolution 20942 be amended as follows: Finance Business License Administrative Fee New Business Licenses $25 00 Renewed Business Licenses $15 00 per year (Note: includes licenses for the exempt and non-profit organizations) ADOPTED this day of 2004. AYES: NOES: ABSENT: ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City Clerk City Manager REVIEWED & APPROVED AS TO FORM '