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City of San Leandro_Municipal Revenue Study Session_02.25.23_vF
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City of San Leandro_Municipal Revenue Study Session_02.25.23_vF
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3/21/2024 5:50:19 PM
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5/31/2023 11:34:05 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
2/25/2023
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San Leandro Other Tax Revenues & <br />Tax Rates <br />21Source: CaliforniaCityFinance.com from League of Calif Cities and UUTINFO.ORG Survey Data. Maximum California City tax rates based on various <br />points in time; TOT as of November 2020; UUT as of February 2021; Property Transfer Tax as of March 2022. <br />San Leandro could consider increasing the rate structure for existing tax <br />revenues <br />»The Property Transfer Tax rate was recently increased in November 2020 <br />»TOT is near the maximum rate charged by cities and does not generate <br />meaningful revenues for the City <br />»Increases to UUT would likely provide the biggest impact to City revenues, <br />but not typically popular among voters <br />FY 2022 <br />REVENUES <br />($000) <br />SAN <br />LEANDRO <br />TAX RATE <br />CA CITY <br />MAX <br />TAX RATE <br />PROPERTY TRANSFER TAX $14,957 $11/$1,000 $13/$1,000 <br />UTILITY USER TAX $11,612 <br />Phone, Electricity, Gas 6.0%11.0% <br />Telecom, Cable 5.7%11.0% <br />Prepaid Wireless 5.5%11.0% <br />CANNABIS ADD-ON TAX $1,020 <br />Dispensaries 5.0%15.0% <br />Manufacturers 3.0%N/A <br />Lab Testing 2.0%N/A <br />TRANSIENT OCCUPANCY TAX $685 15.0%15.5% <br />TOTAL OTHER TAX REVS:$28,274
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