Commercial Property Transfer Tax and Charter City

Commercial Property Transfer Tax and Charter City Transition Under Consideration

As City Council plans for long-term fiscal sustainability, a potential November 2022 ballot measure to implement a 1% transfer tax on the sale price of commercial properties, including apartment buildings of 5 units or more, is under consideration. The tax would be paid by commercial property sellers or buyers at time of sale. Revenue could only be used locally for City services such as public safety, parks and infrastructure maintenance. 

To implement this fiscal sustainability measure, San Bruno voters must adopt a City Charter.

In California, there are two types of cities: general law cities and charter cities. General law cities must follow the general laws passed by the State legislature. Charter cities, however, enjoy “home rule” under California Constitution, which allows more local control over key decisions like land use and local elections. General law cities cannot enact a Commercial Property Transfer Tax.

The City Council will be discussing the potential ballot measure to adopt a City Charter and Commercial Property Transfer Tax, at upcoming City Council meetings (listed below). The measure would require majority approval of San Bruno voters.

   June 28, 2022 at 7:00 p.m. | Study Session [Zoom Webinar ID: 830 0507 1123 / Password: 105517]

   July 12, 2022 at 7:00 p.m. | Public Hearing [Zoom Webinar ID: 851 3278 2492 / Password: 990923]

   August 3, 2022 at 5:00 p.m. | Decision to Place on the November 2022 Ballot [Zoom Webinar ID: 858 3778 0748 / Password: 281793]

The above City Council meetings will be conducted virtually on Zoom, and are also available on YouTube and CityNet Services' Channel 1. Agendas and Zoom links, for these and other important City meetings, will be posted on the Agenda Center.

City Council Meeting Date Staff Reports and Material                       
June 28, 2022 Special Meeting (Study Session) Agenda Packet (Pg. 27)
June 7, 2022 Special Meeting (Study Session) Agenda Packet (Pg. 53)
March 29, 2022 (Study Session) Agenda Packet (Pg. 3)