yellow pages news jobs events calendar movie times
Rocklin and Roseville Today Events Calendar
    (Independent and Locally Owned)
 

Rocklin Cuts Business License Tax


Share It.




The Rocklin City Council approved reductions to the City's business license tax structure that caps the cost of a business license at $125. The reduced cost of doing business in Rocklin means business owners can instead invest those dollars in to their operations.

The City Council's action Tuesday night is the third year in a four-year effort to reduce the business license tax rate in Rocklin.  The current business license tax structure varies depending on the type of business applying.  The tax for many business types is determined using a formula based on annual gross receipts.   The formula previously had no cap and resulted in very high annual business taxes for some of the City's largest employers and those with high-value products.

"Our business community raised concerns that our business license tax put Rocklin at a disadvantage and we listened," said Rocklin Mayor, Scott Yuill.  "Although reducing our business license tax rate meant a reduction in City revenue, the Council felt in the long run, this would be offset by additional revenue generated through the attraction of more and larger businesses."

To help mitigate the impact to the City's budget, the Council directed staff to phase the reductions over four years.  In 2012, the first year of reductions, the cap was set at $100,000.  In 2013, it was reduced to $3,000.  Council's latest action reduces the maximum businesses pay to $125 annually.  Many businesses may pay even less.  The only exception to the $125 cap is rentals or hotels that are taxed on a per unit basis. Because the change to the business license tax is an ordinance amendment, it requires a second hearing before Council.  The new reduced rate is expected to take effect on June 27, 2014.

Council also directed staff to return next year with additional recommendations to achieve the goal set in 2012 of creating a reduced and simplified flat tax for all businesses.   "We now have one of the lowest business license tax rates in the region, but there's more we can do to make sure businesses know they are valued here in Rocklin," said Yuill.  "In addition to fee reductions, we want to simplify the process so that determining the correct fee and applying for or renewing a business license is quick and easy."

The change to the City's Business License Tax also fulfills an objective adopted by Council in the City's Strategic Plan and Community Investment Plan.






more news Print This Article


Placer County News Headlines

Placer County Tourism Gets Boost Placer County organizations team up to promote tourism in the region.

Want to Buy a Home and Need a Rich Uncle?Mortgage Alternative Program (MAP)- Julie Jalone of MagnumOne Realty in Roseville writes about new program to help get families who can't currently qualify for a mortgage into homes of their choice and on the road to homeownership.

U.S. HealthWorks Offers Onsite Flu Shots U.S. HealthWorks Medical Group, a leading operator of occupational healthcare and urgent care centers in the nation, said today it is offering to visit businesses on-site and provide flu vaccination shots

Roseville Police Bust Nets $40,000 Cash, Guns and MethRoseville narcotics detectives suspected that Joshua Holmboe was both selling illegal drugs directly to users and also supplying lower-level drug dealers, and that some of those drugs were then being sold and used in Roseville.

Governor Brown Signs Bill to Help Disabled VeteransLegislation sponsored by George Runner to protect California's disabled veterans has become law. Senate Bill 1113, authored by Senator Steve Knight (R-Antelope Valley),

Roseville Chamber Events October 2014Roseville, CA -- The Roseville Chamber of Commerce featured events for the month of October 2014.

Sacramento Area Gas Prices Down AgainAverage retail gasoline prices in Sacramento have fallen 2.4 cents per gallon in the past week, averaging $3.61/g yesterday, according to

Nontraditional Employment for Women Event in RocklinSierra College seeks sponsors for the second Nontraditional Employment for Women (NEW) event on October 17

$160,000 for Scholarships Raised at WJU Anniversary GalaJessup's Gala Honored 75th Anniversary and those who brought the Growing University to Placer County

Wakefield Gets SA Chapters RunningMy featured person this week, Margery Wakefield, of Lansing, Michigan, has had lifelong struggles with schizophrenia, a mental health disability.

Overcharged Tax on an Auto Purchase? Get Your RefundUnfortunately, I've been hearing from my constituents that the Department of Motor Vehicles is overcharging tax on their vehicle purchases.

Ford Focus Sportier and More RefinedFord redesigned the Focus two years ago and has produced a fairly sporty and refined compact car that has received strong statements of approval from prominent auto publications.




more news

Featured Yellow Pages Categories

Auto

Business

Health and Fitness

Home Improvement and Services