7.56.040 Limited authority of City Council to annually increase the tax hereby imposed to reflect cost of living and personal income growth increases.
This section is included in your selections.
A. Subject to the conditions of subsection B below, the City Council of the City of Berkeley is hereby authorized to increase the tax rates imposed by this chapter.
B. The City Council may increase the taxes imposed hereby only upon a finding that the cost of living in the immediate San Francisco Bay Area, or personal income growth in the state of California, as verified by official United States economic reports has increased; and the increase of the taxes imposed hereby shall not exceed this verified increase in the cost of living in the immediate San Francisco Bay Area, or personal income growth in California, whichever is greater. (Ord. 5894-NS § 1 (part), 1988: Ord. 5262-NS § 4, 1980)