South City puts finishing touches on business tax measure

South San Francisco is poised to add its business license tax updates to the ballot this November which, if passed, would increase the share paid by large firms and bring in an estimated $3.4 million.The city’s BLT currently comprises about 1.9% of its total general fund revenue, compared to the 4% to 5% median rate for comparable cities in the Bay Area. In 2023, the city brought in about $2.5 million in BLT revenue, according to the most recent staff report.