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Committee forwards 10‑point parking tax increase amid dispute over unrecovered revenue
Summary
An ordinance to raise the parking occupancy tax and impose a 35% additional valet tax was sent to the full board without recommendation after treasurer's office data and industry estimates clashed over an alleged $20 million in unrecovered revenue; treasurer’s staff said audits recovered about $1 million in the past year and pledged to review submitted data.
The Budget and Finance Committee considered an ordinance to raise the city’s parking occupancy tax from 15% to 25% (bringing the total including surcharges to 35%), to clarify operator definitions and to impose an additional 35% tax on valet parking gross receipts. Supervisor McIlwaney led discussion of the measure and invited the treasurer’s office to brief the committee on audit and collections practices.
David Augustine of the treasurer’s office told the committee that parking tax revenues were about $64.5 million in fiscal…
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