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File Number: 14-086 <br />the proposed draft resolution indicates that "small businesses" would be exempted from these <br />reforms, specific ballot language has not yet been developed, so it is unclear what threshold <br />would be used to determine what qualifies as a small business. Lastly, Proposition 13 is <br />commonly cited as a "third -rail" political issue in California, and efforts to amend this landmark <br />measure inevitably will draw public controversy and heated debate. <br />To staff's knowledge, the League of California Cities has not taken a position on these efforts. <br />Fiscal Impacts <br />There are no direct fiscal effects associated with adoption of this draft resolution, although the <br />proposed changes to Proposition 13 property tax limitations envisioned by this resolution <br />could have broad ramifications for public sector finance statewide. <br />PREPARED BY: Eric Engelbart, Assistant to the City Manager, City Manager's Office <br />City of San Leandro Page 2 Printed on 3/11/2014 <br />