The administrative fee imposed under § 3-1.112, any other fee imposed by this chapter in a flat dollar amount (rather than as a percentage of some other sum), and all business license taxes, other than those based on gross receipts under § 3-1.201, shall be adjusted from year to year to reflect the percent change in the Consumer's Price Index as defined by the U.S. Department of Labor Bureau of Labor Statistics All Items Consumer Price Index for the San Francisco/Oakland Urban Area (hereinafter referred to as "CPI factor") for March 31 of each year, multiplied by $1. All business licenses issued on or after July 1 of each year will be based on the CPI factor of the preceding March 31. The Tax Administrator or his or her designee shall annually apply the CPI factor and calculate all fees and taxes due under this chapter and shall give notice of those calculations in the manner required by law for ordinances of the City Council. The City Council may, but need not, direct the Tax Administrator or his or her designee to forebear from collecting the entire amount of fees and taxes as adjusted for inflation under this section in one or more fiscal years, but any such forbearance may terminate when the Council directs without constituting the increase of a tax for which additional voter approval is required it being the voters' intent to authorize, but not require inflation adjustment in any fiscal year.
(Ord. 2082-C-S, passed 3-25-14)