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<br /> <br />Agency % <br />State of California 5.50% <br />State Public Safety Fund (Proposition 172) 0.50% <br />Alameda County 0.25% <br />Alameda County Transportation Authority 1.00% <br />Alameda County Essential Health Care Services 0.50% <br />Alameda County BART 0.50% <br />City of San Leandro 1.00% <br />City of San Leandro Temporary Transaction & Use Tax 0.50% <br />Total Sales Tax in San Leandro 9.75% <br /> <br />In November 2016, San Leandro voters approved Measures OO, PP, and NN. <br />The Measures passed and took effect on January 1, 2017. A summary of these <br />measures and revenue estimates through June 30, 2017 are set forth below. <br />1) A medical cannabis business tax of up to 10% of gross receipts; <br />2) A modified business license tax that would reduce fees for small <br />businesses, while charging up to 10% of gross receipts for parking lots, <br />and also charging $100 per 1,000 square feet of real property that is <br />used for warehouse businesses; and <br />3) An increased transient occupancy tax to 14%. <br /> <br />These potential revenue sources align with previously adopted City Council goals <br />and policy priorities, as outlined below. Furthermore, these new revenue sources <br />would not directly impact the vast majority of San Leandro residents, as a <br />significant portion would be paid by a select number of businesses and people <br />from out of town, such as hotel and airport visitors. <br /> <br />Overview of Potential Cannabis Business Tax – no revenue pending the <br />opening of the first dispensary <br />Now that the City has issued three cannabis dispensary permits, the City <br />has an opportunity to derive an important new source of revenue from <br />these businesses. Similar to many other communities that have permitted <br />the operation of cannabis businesses, the tax in San Leandro is based on <br />the cannabis dispensaries’ annual gross receipts. Given that the specific <br />rates of such taxes vary by jurisdiction, coupled with the rapidly evolving <br />legal and regulatory landscape surrounding the cannabis industry, the <br />ballot measure was structured such that the tax amount would be “up to” <br />10% of gross receipts. The language allows the City flexibility to modify <br />the rate over time up to that maximum 10% threshold. The ordinance has <br />also been structured such that it would apply to any business involving the <br />use of any component of the cannabis plant. <br />129