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• • • <br /> Bus � ness L � cense H � stor <br /> y <br /> • Current Business license tax ado ted in I 990 <br /> P <br /> • Solel to raise revenue — not re ulator <br /> y g y <br /> • 5% annual increases from 1991 to 1994 <br /> • Flat since I 995 <br /> • CPI increase � 50% from I 995 to 2010 <br /> • I 996 — Cal iforn ia voters a roved Pro 2 I 8 <br /> PP P <br /> — voter a roval for new or increased taxes <br /> PP <br /> • Generates $ I .4 million annuall for the Cit 's <br /> y y <br /> g <br /> eneral fund <br />