Principal Tax Criteria

Silicon Valley Leadership Group’s Tax Principal Criteria

In evaluating local and regional tax measures that come before the organization, the Leadership Group will use the following criteria:

  1. The measure should be for a fixed term and therefore include a built-in sunset.  (If the measure does not include a sunset, are the reasons for an on-going tax clearly defined?)
  2. Funds generated by the measure should be used for specific and identifiable purpose(s).
  3. A consistent dollar amount is applied equally to residential and commercial property.
  4. Measures should be capped at a certain level in consideration of large businesses with many parcels (contiguous parcels for the same business)
  5. The measure should contain a provision for a citizens’ oversight committee.