Passed
Result: 74.2% yes, 25.8% no (13,252 votes cast)
This measure amends Foster City's business license tax by setting rates from $0.75 to $3.00 per $1,000 of gross receipts while maintaining minimum taxes of $100-$200 and increasing the maximum tax payment, with annual inflation adjustments. The tax is expected to generate approximately $1.4 million annually for the city's general fund until ended by voters.