RANCHO PALOS VERDES — The first of three City Council public hearings on potential revenue-raising measures drew a word of caution from the business community over fee increases and a statement from a trash collector that any added costs would be passed on to customers.
John Corcoran, president of Palos Verdes Peninsula Chamber of Commerce, told the council last week that most businesses in the city are small and cannot afford the substantial increases in some of the business charges being considered.
City Manager Donald Guluzzy has proposed that annual business license fees be raised from the present $31.85 to $35, $40 or $45. That would generate up to $41,290, he said.
Guluzzy also has called for lowering the gross-receipts minimum, which determines the fees on receipts businesses pay, from $50,000 to as low as $10,000. This would yield between $15,000 and $25,000 in revenue, depending upon the minimum adopted. Businesses currently pay 49 cents per $1,000 on gross income above $50,000.