Yellow Pages |   News Updates |   Events Calendar |   Movie Times | Recycling
Rocklin & Roseville Today Local Events
HOME

Rocklin Cuts Business License Tax



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.

Now on FB, thanks for the love!




Placer County News Headlines

Music: 10 Great Albums Worth a ListenRoseville, CA- Music tastes are as subjective as it gets, but few things are as fun as music opinions.

California's Return-to-Prison Rate FallsThe rate at which people return to prison has consistently trended downward since fiscal year 2005-2006 when the rate was 67.5 percent.

Rocklin Flash Crime Report (8.26.16)Rocklin, CA- Police activity digest update in Rocklin for the period covering August 15- 21, 2016.

Food Truck Cinema Sept. 16 at Woodcreek Golf ClubRoseville, CA- Woodcreek Golf Club in Roseville will host its inaugural Food Truck Cinema on Friday, Sept. 16 at its driving range.

Sutter Roseville Medical Center Foundation Benefit Golf TournamentRoseville, Calif. - On Sept. 9, Sutter Roseville Medical Center Foundation will host its 30th Annual Benefit Golf Tournament and Dinner

Hope for Less Invasive Tests for Bacterial Infections in Babies(SACRAMENTO, Calif.) - Physicians from Children's Hospital of Michigan, UC Davis Medical Center and Nationwide Children's Hospital, in collaboration with 19 other pediatric emergency departments

Legislature Votes to Extend Emergency Tax ReliefSacramento - Legislation sponsored by Board of Equalization Member George Runner and fellow BOE members cleared the Legislature yesterday when the State Assembly

WJU School Year Begins Amidst Continued GrowthROCKLIN, Calif. - William Jessup University began its 2016-17 academic year August 22 with the largest enrollment in the university's 77-year history.

Molly Ringwald at Rocklin's Quarry Park September 17thRocklin, Calif. - Golden Globe nominated actress and jazz musician Molly Ringwald descends into Rocklin's Quarry Park Amphitheater on Saturday, September 17

Roseville to Host Barbara Boxer FarewellRoseville, CA - The Placer County Democratic Party in partnership with the Nevada County Democratic Party and El Dorado County Democratic Party will be hosting a Fond Farewell

Roseville Skatetown to Host International Curling BonspielRoseville, CA - The Crush Bonspiel, which began in 2006, is back this Labor Day Weekend at Roseville's Skatetown Ice Arena after taking a one year hiatus.

County renews $10 Million Emergency Services ContractThe county board of supervisors OK'd a $10.6 million contract for fiscal year 2016-17. The contract will provide fire and emergency service for about 52,000 residents.


NEWS: In Case You Missed It