Economic Development and Finance Committee

Wednesday, August 17, 2022 · 6:00 PM AM · Teleconference

TL;DR

The Economic Development and Finance Committee held a teleconference meeting to discuss the city's cannabis tax rates. The committee reviewed potential changes to cannabis retail taxation and approved previous meeting minutes.

Key Decisions

  • Approval of June 21st Meeting Minutes Approved
  • Cannabis Retail Tax Rate Feasibility Study Received and Filed (Further Review Needed)
Agenda PDF

Agenda

  1. ECONOMIC DEVELOPMENT AND FINANCE COMMITTEE MEETING VIA TELECONFERENCE PURSUANT TO AB 361 (GOV. CODE SECTION 54953(e)(1)-(2)) JOIN VIA ZOOM, PLEASE DIAL: 213-338-8477 WEBINAR ID: 960 4851 1911 https://longbeach-gov.zoom.us/j/96048511911 TO PROVIDE PUBLIC COMMENT IN THE ZOOM MEETING RAISE YOUR HAND BY CLICKING THE HAND ICON WHILE THE ITEM IS BEING READ BY THE CITY CLERK. FOR ADDITIONAL INFORMATION PLEASE VISIT HTTPS://WWW.LONGBEACH.GOV/CITYCLERK/ MEMBERS OF THE PUBLIC HAVE THE OPTION TO USE eCOMMENT TO PROVIDE COMMENTS ON AGENDA ITEMS. WRITTEN COMMENTS MAY ALSO BE SUBMITTED BY EMAIL TO CITYCLERK@LONGBEACH.GOV PLEASE VIEW THE MEETING FROM YOUR COMPUTER, TABLET, OR SMARTPHONE VIA: https://longbeach.granicus.com/ViewPublisher.php?view_id=84
  2. CALL TO ORDER
  3. ROLL CALL
  4. REGULAR AGENDA
  5. 1. Recommendation to approve the minutes of the Economic Development and Finance Committee meeting held Tuesday, June 21, 2022.
    Agenda Item
  6. 2. Recommendation to receive and file a report from the Deputy City Manager and staff exploring the feasibility of reducing the City’s adult-use cannabis retail tax rate to align with the medical cannabis retail tax rate.
    Agenda Item
  7. PUBLIC COMMENT
  8. ADJOURNMENT
  9. I, Tamela Austin, City Clerk Specialist, certify that the agenda was posted not less than 72 hours prior to the meeting.
  10. NOTE: The agenda and supporting documents are available on the Internet at www.longbeach.gov. Agenda items may be reviewed in the Office of the City Clerk or online at the Main Library and at the Branch Libraries. Persons interested in obtaining an agenda via e-mail should subscribe to the City of Long Beach LINKLB System at www.longbeach.gov/linklb. E-Mail correspondence can be directed to cityclerk@longbeach.gov. If a special accommodation is desired pursuant to the Americans with Disabilities Act, or if you need the agenda provided in an alternate format, please phone the Office of the City Clerk at (562) 570-6101 by 12 noon Monday, the day prior to the meeting. Inquire at the City Council Chamber Audio-Visual Room for an assistive listening device. ta