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Council refers proposed gross-receipts ordinance to Board of Finance for review
Summary
Councilors voted May 19 to waive first reading and refer a proposed ordinance on gross-receipts taxation to the Board of Finance for review and a June 2 report; the referral passed after council discussion about timing and the board's role in budget questions.
On May 19 the City Council voted to waive the first reading of a proposed ordinance related to gross-receipts taxation and to refer the proposal to the Board of Finance for review. The motion passed with a 9'to'3 vote on a procedural suspension of the rules.
Councilors discussed process and timing: sponsors said the proposal pertains to gross-receipts tax rules and that the Board of Finance (rather than ordinance committee) was the appropriate forum given the fiscal implications and the calendar constraints. Some councilors said referral to finance did not imply final approval and that budgetary trade-offs and alternatives should be examined.
The motion passed and city staff will present the measure to the Board of Finance for a report-back prior to the council's next steps on the FY26 budget.
