{"id":2778,"date":"2011-04-13T11:10:07","date_gmt":"2011-04-13T19:10:07","guid":{"rendered":"http:\/\/www.fogcityjournal.com\/wordpress\/?p=2778"},"modified":"2011-04-13T11:19:45","modified_gmt":"2011-04-13T19:19:45","slug":"mayor-lee-and-supervisors-form-technology-advisory-council","status":"publish","type":"post","link":"https:\/\/www.fogcityjournal.com\/wordpress\/2778\/mayor-lee-and-supervisors-form-technology-advisory-council\/","title":{"rendered":"Mayor Lee and Supervisors <br>Form Technology Advisory Council"},"content":{"rendered":"<div style=\"width: 510px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.fogcityjournal.com\/images\/photos2011\/bos_ed_lee_swearing_in_20110111\/_w2w9912_std.jpg\" alt=\"\" width=\"500\" height=\"333\" \/><p class=\"wp-caption-text\">San Francisco Mayor Ed Lee.  Photo by Luke Thomas.<\/p><\/div>\n<p><strong>From the Office of San Francisco Mayor Ed Lee.<\/strong><\/p>\n<p><em><strong>Editor&#8217;s Note:<\/strong> The proposed Technology Advisory Council meetings will not be open to press coverage and community benefits agreements will not be discussed, according to the mayor&#8217;s office.  &#8220;Not open to press and not discussed,&#8221; said Chief Deputy Communications Director Francis Tsang in response to FCJ inquiry. &#8220;This is a group that is going to meet to &#8216;recommend new policies related to high-growth, technology companies.'&#8221; <\/em><\/p>\n<p>April 13, 2011<\/p>\n<p style=\"text-align: center;\"><strong>Council to Advise Mayor and Board of Supervisors on City Policies that affect Technology Firms including Changes to the Current Payroll Tax Structure<\/strong><\/p>\n<p>San Francisco, CA\u2014Mayor Edwin M. Lee, Board of Supervisors President David Chiu and Supervisors Mark Farrell and Ross Mirkarimi today announced convening an ad hoc advisory council comprised of CEOs of large technology firms based in San Francisco, early and late stage venture investors, and legal professionals, as well as a working group comprised of City staff to recommend new policies related to high-growth, technology companies. Mayor Lee helped convene the group to evaluate how San Francisco\u2019s current tax structure impacts companies\u2019 ability to successfully grow jobs in San Francisco and to propose improvements to the current tax structure, while still ensuring everyone pays their fair share for City services.<\/p>\n<p>\u201cSan Francisco is home to a thriving hub of technology companies that acts as a driver to attract new companies to our City and create jobs. It is vital that we keep technology companies here to ensure that the vibrant center of innovation and creativity that is being created is sustained,\u201d said Mayor Lee. \u201cWe want to make sure that San Francisco technology businesses continue to grow and remain competitive.\u201d<\/p>\n<p><!--more-->Invitations to join the technology advisory council were sent out last week. So far, technology firms, investment and legal professionals like Yelp!, Twitter, Zynga Inc., salesforce.com, Riverbed Technology, Advent Software, DriverSide, Dorsey &amp; Whitney, Artis Capital Management, Kirk Dizon and Ron Conway have already accepted the City\u2019s invitation.<\/p>\n<p>\u201cThese current discussions about mid-Market and stock options raises the reality that our business payroll tax \u2013 the only one of its kind in California \u2013 is a real disincentive to job growth, and we need to tackle the broader topic of business tax reform,\u201d said Board of Supervisors President David Chiu. \u201cConvening this ad hoc council of tech CEOs, venture investors, lawyers and city staffers is the first step in building a better 21st century economy in San Francisco.\u201d<\/p>\n<p>\u201cI believe a thriving innovation economy is critical to our future in San Francisco, and I look forward to beginning a long-term, inclusive dialogue with the leaders of our technology industry,\u201d said Supervisor Mark Farrell. \u201cSan Francisco is competing against other cities throughout the United States for young technology companies and the jobs they provide, and it is our responsibility at City Hall to create a competitive economic climate which attracts them to our City.\u201d<\/p>\n<p>\u201cAs part of San Francisco\u2019s broader effort to attract and retain emerging businesses, we must review our business tax code,\u201d said Supervisor Ross Mirkarimi. \u201cSeveral local technology companies have reached a critical juncture in their development and this tax advisory council will allow us to gain important insight form tech business leaders.\u201d<\/p>\n<p>\u201cAs a company that was founded in San Francisco, employs hundreds of people here, and works with other San Francisco tech companies to bring consumers and local businesses together, Yelp is deeply interested in policies that increase jobs and promote economic growth in the City,\u201d said Yelp! CEO Jeremy Stoppelman. \u201cI commend the Mayor and Supervisors for creating this advisory council, I am honored to be included and look forward to the opportunity to help the city Yelp proudly calls home \u2013 San Francisco.\u201d<\/p>\n<p>The technology advisory council will analyze feasibility and impacts of the current payroll tax structure on emerging, fast growing technology companies and will also advise the Mayor and the Board of Supervisors on other quality of life issues, including housing, transportation, and technology infrastructure in San Francisco.  The objective of the council is to ensure that policy-makers create a climate in which these technology firms, which employ thousands of San Francisco, can continue to thrive.  The council will hold their first meeting early next week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mayor Lee helped convene the group to evaluate how San Francisco\u2019s current tax structure impacts companies\u2019 ability to successfully grow jobs in San Francisco and to propose improvements to the current tax structure, while still ensuring everyone pays their fair share for City services.<\/p>\n","protected":false},"author":6413,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222,17],"tags":[],"class_list":["post-2778","post","type-post","status-publish","format-standard","hentry","category-news","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mayor Lee and Supervisors Form Technology Advisory Council - Fog City Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fogcityjournal.com\/wordpress\/2778\/mayor-lee-and-supervisors-form-technology-advisory-council\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mayor Lee and Supervisors Form Technology Advisory Council - 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