Been very conscientious in managing our overtime. The next slide is, is worth mentioning just because the work being done by the men and women of the Police Department in partnership with the community and using the various technologies that have provided efficiencies to keep officers on the streets like the smart phones, its paying the dividends we hoped it would. Despite being down 300 officers, we are at a record low homicide count for this year and weve had a rough week. Weve had 13 homicides year to date. 12 of those occurred in calendar year 2014. The most recent of which just this week actually yesterday. To put it in perspective, in 2008 on this exact same date there had been 48 homicides in San Francisco. So, the community partnership, the mayors jobs programs where were getting young people to be engaged and busy during the summertime and everybody towards education, having the High School Drop out rate in San Francisco for the first time in a long time being in single digits
Payroll there will be a new business fee and then two 15 the set Business Register fee will be under two schedules so businesses in schedule one yes. I have is question. Is there any you type of outreach thats going to be done there will be and at this time, the Controllers Office is working on are developing plans for this and our outreach will happen after we go after june or july of 2013 because theyre still developing things like the tax credits and how that will be applied. Who you get into some of the larger entities theres bigger structures and that needs to be careful communicated so that when the time for outreach theres one package of information going out. So the tax and Treasurers Office have additional staffing for that commissioner reeling. So of a Small Business the gross receipt is less than 1 million its exemption. Right the first million is not exemption so if you will look at page 2. The whole 2 million is taxable yeah, but its at a different taxable rate. So if you
Complicated one and fin facts but they write articles about this great job. Next item please. Commissioners item 8 discussion on proposition e this is a discussion item so commissioners weve been fielding questions through our office and other business organs of wanting a review about prop e i thought today would be a good time to go over some basics. If theres any concerns, whats ahead because im sure youll be fielding some questions as well. And while there is a good deal of work happening in the background like the transition of the different payroll tax incentiv incentives. The tax and Treasures Office is beginning their implementation but the basic concepts are we we need to help business prepare for a transition. So in your binder is a is information that weve put together so that if i go to a Business Association that i hand this out to walk them through. Some of this im going to highlight on some of this. Lets go to the first slide. Next thank you. So as your well aware that no
Theres one package of information going out. So the tax and Treasurers Office have additional staffing for that commissioner reeling. So of a Small Business the gross receipt is less than 1 million its exemption. Right the first million is not exemption so if you will look at page 2. The whole 2 million is taxable yeah, but its at a different taxable rate. So if you look at that page once you reach over a million that million is a taxable minimum so for schedule one 1. 75 percent of the first million is at the 5 hundred thousand is taxable at the 1 point percent tax rate. Commissioner. What about the businesses that are a combination of the manufacturing and other businesses structure. Right so going back to i think i think this is where we need to work this out. Were not going out and educating businesses right now. The likelihood youll by looking at the bigger side of our business director i believe if more than your business is one second for it will be taxed at a different rate and
So the tax and Treasurers Office have additional staffing for that commissioner reeling. So of a Small Business the gross receipt is less than 1 million its exemption. Right the first million is not exemption so if you will look at page 2. The whole 2 million is taxable yeah, but its at a different taxable rate. So if you look at that page once you reach over a million that million is a taxable minimum so for schedule one 1. 75 percent of the first million is at the 5 hundred thousand is taxable at the 1 point percent tax rate. Commissioner. What about the businesses that are a combination of the manufacturing and other businesses structure. Right so going back to i think i think this is where we need to work this out. Were not going out and educating businesses right now. The likelihood youll by looking at the bigger side of our business director i believe if more than your business is one second for it will be taxed at a different rate and i make everything i sell. So im making it an