Business Tax Modernization Measure
Summary
Milpitas is asking voters to update its 50-year-old business tax system, shifting from an employee count model to a gross-receipts tax. Officials say it will create a fairer system for small businesses while raising an estimated $3 million annually for city services.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Aug 3, 2026.
Impact analysis
Generates approximately $3 million annually in general fund revenue starting in fiscal year 2027-2028, compared to about $360,000 under the current structure.
Milpitas residents who rely on city services funded by the general fund, and small businesses protected by exemptions and low flat-rate thresholds.
Larger businesses with high gross receipts will pay higher taxes than under the old employee-only system.
Mentions & discussions (1)
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