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OaklandRedevelopmentSuccessorAgencyandtheCityCouncil,2020-07-14,"* Concurrent Meeting of the
Meeting Minutes - FINAL
July 14, 2020
Oakland Redevelopment Successor
Agency and the City Council
read;
""Measure . Shall a measure amending Oakland's business tax to create a
progressive rate structure imposing the highest rates on the highest grossing
businesses, increasing Oakland's annual tax revenue by an estimated $27,500,000,
and generating approximately $105,000,000 in total annual revenue for municipal
services by imposing business tax rates of .06% to .75% of gross receipts, and other
rates as stated, be adopted?""
Councilmember Bas' Amendment No. 5: Adding A ""Part 4"" to the Ordinance to
read;
PART 4. Blue Ribbon Commission to Oakland Business Tax Ordinance
SECTION 1. ESTABLISHMENT
Pursuant to Section 601 of the Charter of the City of Oakland, there is hereby
created an Oakland Business Tax Blue Ribbon Advisory Commission (hereinafter
referred to as the ""Blue Ribbon Commission"" or ""Commission"").
SECTION 2. DUTIES AND FUNCTIONS
It shall be the duty and function of the Blue Ribbon Commission to:
a. Provide advice and recommendations to the City of Oakland on how the City
Council should establish business tax rates within the ranges described in Section
5.04.205 Tax Rates for Class A Through Class J - Progressive Rates to ensure the
economic vitality of the business ecosystem in Oakland and to advance the goals of
this ballot measure, including supporting small businesses and increasing annual
revenue. The items for consideration by the Commission may include identifying
businesses that should be considered ""regulated industries"" in order to make
recommendations and reviewing the rates of the smallest businesses across all
classifications in order to make recommendations.
b. Conduct meetings and use other public forums to collect and receive public
input on the above subject matter.
c. Review, draft and submit in writing for City Council consideration,
recommended business tax rates relevant to the above subject matter, by June 30,
2021.
d. Provide analyses to the City Council of the economic impacts of the
recommended business tax rates relevant to the above subject matter, in
consultation with the City's Departments of Economic and Workforce Development
and Finance, by June 30, 2021.
e. Submit additional policy recommendations to the City Council regarding
business taxes and economic development for the City of Oakland, within one year
of the passage of the ballot measure.
f. Provide recommendations to the City Council about budget allocations to
support small businesses and contribute towards a thriving business community in
the City of Oakland, within one year of the passage of the ballot measure.
SECTION 3. MEMBERSHIP AND QUORUM
a. The Commission shall consist of nine (9) members, at least six (6) of whom are
City of Oakland
Page 19
Printed on 7/30/2020",19,OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2020-07-14.pdf