§ 5.03.123 TAX DUE AND ANNUAL ADJUSTMENT OF TAX RATES.
   (A)   The base license tax for each class A business, class B business, class C business, and class E business, effective July 1, 2019, is $118.80. The base license tax for a class D business effective July 1, 2019, is $30.00. The above rates shall be adjusted as specified in division (D).
   (B)   Employee multipliers.
      (1)   Commencing the fiscal year beginning July 1, 2019, the employee multiplier for class A, class B, class C, and class D businesses as set forth below shall be added to the base license tax rate to determine the entire business license tax due. These rates shall be adjusted as set forth in division (D):
         (a)   Class A business: $2.64 per average number of employees;
         (b)   Class B business: $5.22 per average number of employees;
         (c)   Class C business: $7.80 per average number of employees; and
         (d)   Class D business: $0.66 per average number of employees.
      (2)   The above rates shall be adjusted as specified in division (D).
   (C)   Tonnage multiplier. For fiscal year beginning July 1, 2019, the tonnage multiplier shall be $0.10 per ton of minerals depleted. The tonnage multiplier in subsequent years shall be adjusted as specified in division (D). Beginning July 1, 2019, the tonnage multiplier shall be determined and added to the business license base rate to determine the total business license tax rate due.
   (D)   Commencing on July 1, 2019, and every July 1 thereafter, the Tax Administrator shall annually adjust the amount of the basic license tax rates, the employer multiplier rates, and the tonnage multiplier rates. The basic license rate, the rates for the average number of employees, and for the tonnage, for each class of business specified in § 5.03.122 and this section by the annual change in the Consumer Price Index, All Urban Consumers, for the San Francisco-Oakland-San Jose Metropolitan Area, published by the Bureau of Labor Statistics, or any replacement index published by the bureau ("index"). For example, on July 1, 2019, the basic license tax rates and the additional license tax rates shall be adjusted by multiplying them by the April 2019, index divided by the April, 2018 index, to determine the percentage increase in the Consumer Price Index. The tax rate once increased shall be rounded to the nearest cent.
(1966 Code, § 21-203) (Ord. 601, § 1(part); Measure H Initiative, adopted 2018)