This morning the Progressive Revenue Task Force held its second meeting, the first with substantive discussions of the issues. There were some important insights that help clarify the picture of the need — and the possible ways to address it.
(updated 1/19/18 10:00am — the city provided updated slides with corrections for bad data and incorrect math)
This afternoon the City Council announced the members of its Progressive Revenue Task Force, i.e. the group tasked with looking at a proposal for instituting a head tax or tapping into other progressive revenue sources.
Today the City Council announced that it has started taking applications for its newly-created task force to look at progressive revenue sources to fund new homelessness and affordable housing investments.
On Tuesday this week, the Council voted down an employee-hours tax (aka a “head tax”). In doing so, several Council members who voted “no” voiced their support in theory for a head tax and committed to working on a process with a broad group of stakeholders to evaluate a head tax — and other progressive revenue-raising options — and come back with a specific proposal. On Wednesday, Council member Gonzalez began circulating a draft resolution to that extent, which she hopes to have the Council approve on Monday.
Budget Chair Lisa Herbold bet big by putting the employee-hours tax into her revised balancing package, knowing that it didn’t have majority support from her colleagues. She lost that bet today, and with that her budget plan fell apart.
Monday afternoon Budget chair Lisa Herbold released her “revised balancing package” proposal for the 2018 city budget. Tuesday morning she begins to lead her fellow Council members in deliberations and votes on the items in the package.
The big contentious issue, the employee-hours tax (or “HOMES tax,” or “head tax”), is still in the package, and in fact will be the first item up for discussion and vote. It won’t be pretty.