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Pacific Grove wants to increase business license tax 140 percent Pacific Grove, CA
July 22, 2016

By Caitlin Conrad

PACIFIC GROVE, Calif. —Pacific Grove city leaders will decide at Wednesday's City Council meeting if they will ask residents to approve an increase on business license taxes on the November ballot.

The city wants to increase the business license tax by 140 percent.

The proposed increase would take the current rate from $0.001 per dollar of gross receipts to $0.0024.

If passed, the initiative would also remove the current cap.

Right now, if a business makes more than $3 million in gross receipts, they only pay $3,000 in business license tax because that is the current cap.

City Manager Ben Harvey said there are about 20 businesses in Pacific Grove affected by the cap.

The city has been exploring ways to...  Read More