A. To provide funding to protect city of San Luis Obispo’s financial stability; maintain fire, community safety, health emergency, disaster preparedness; protect creeks from pollution; address homelessness; keep public areas clean/safe; retain local businesses; repair streets; maintain youth/senior services, streets, open space/natural areas, and other general services by extending an existing, voter-approved, general purpose retail transactions (sales) and use tax of one-half cent per dollar and enhancing the local transactions (sales) and use tax by an additional one cent per dollar; at a total rate of one and one-half cent per dollar of the gross receipts in accordance with the provisions of Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue and Taxation Code and Section 7285.9 of Part 1.7 of Division 2, which authorizes the city to adopt this general purpose tax chapter, which shall be operative if two-thirds of the council and a majority vote of the electors voting on the measure vote to approve the extension and enhancement of this general purpose revenue source at an election called for that purpose.

B. To adopt a retail transactions and use tax chapter that incorporates provisions identical to those of the transactions and use tax law of the state of California insofar as those provisions are not inconsistent with the requirements and limitations contained in Part 1.6 of Division 2 of the Revenue and Taxation Code.

C. To adopt a retail transactions and use tax chapter that imposes a tax and provides a measure therefor that can be administered and collected by the California Department of Tax and Fee Administration in a manner that adapts itself as fully as practicable to, and requires the least possible deviation from, the existing statutory and administrative procedures followed by the California Department of Tax and Fee Administration in administering and collecting the California State sales and use taxes.

D. To adopt a retail transactions and use tax chapter that can be administered in a manner that will be, to the greatest degree possible, consistent with the provisions of Part 1.6 of Division 2 of the Revenue and Taxation Code, minimize the cost of collecting the transactions and use taxes, and at the same time minimize the burden of recordkeeping upon persons subject to taxation under the provisions of this chapter. (Ord. 1686 § 1, 2020; Ord. 1604 § 1 (part), 2014: Ord. 1495 § 2, 2006)