Commencing on January 1, 1989, the following table shall be used for computing the special assess-ments for parking and business improvement areas imposed by Chapter 12.32 of this code;
ANNUAL GROSS RECEIPTS | ||
From | To and Include | Annual Business License Fee |
ANNUAL GROSS RECEIPTS | ||
From | To and Include | Annual Business License Fee |
$ 0 | $ 30,000 | $105 |
30,001 | 40,000 | 135 |
40,001 | 50,000 | 159 |
50,001 | 75,000 | 177 |
75,001 | 100,000 | 195 |
100,001 | 150,000 | 213 |
150,001 | 200,000 | 234 |
200,001 | 300,000 | 252 |
300,001 | 400,000 | 276 |
400,001 | 500,000 | 297 |
500,001 | 600,000 | 327 |
600,001 | 700,000 | 354 |
700,001 | 800,000 | 384 |
800,001 | 900,000 | 417 |
900,001 | 1,000,000 | 450 |
1,000,001 | 2,000,000 | 570 |
2,000,001 | 3,000,000 | 690 |
3,000,001 | 4,000,000 | 810 |
4,000,001 | 5,000,000 | 930 |
5,000,001 | 6,000,000 | 1,050 |
6,000,001 | 7,000,000 | 1,170 |
7,000,001 | 8,000,000 | 1,290 |
8,000,001 | 9,000,000 | 1,410 |
In excess of $9,000,001 | 1,500 | |
Commencing on January 1, 1989, and annually thereafter, the annual license fees payable hereunder shall be adjusted in relation to the Consumer Price Index issued by the Bureau of Labor Statistics of the United States Department of Labor for All Urban Consumers of the Greater Los Angeles Area as follows:
(A) For the annual business license fee set forth in the preceding table; and
(B) For the most recent month for which such price index figure is available on the date any such license fee is due and annually thereafter. The adjustment in the annual license fees for any such one-year period shall be determined as follows: The price index figure for (a), the price index figure for (b) and the annual license fee set forth in the table shall be the basis upon which such adjustment shall be computed. The difference, if any, between the price index figure for (a) and the price index figure for (b) shall be ascertained by subtracting the lesser from the greater of such figures. Thereafter, such differences shall be divided by the price index figure for (a) which will provide the percentages of change, if any, in the price index figure. If such percentage of change represents an increase, then the annual business license fee shall be the annual business license fee set forth in the table plus the sum derived by multiplying the annual business license fee by such percentage of change. In no event, however, shall any annual license fee be less than those amounts set forth in the table.
('86 Code, § 5.04.201) (Ord. 4074, passed - - )