Friday, June 22, 2012

Half Moon Bay has a new tax idea for the Fall election


The one-cent sales tax idea didn't work, so the city is asking for a half-cent.  Sound familiar?
Building our City sales tax 1/2 cent at a time

San Mateo Daily Journal/Bill Silverfarb, 6/21/12.  "City puts half-cent sales tax on ballot."  

"Half Moon Bay will once again ask its residents to approve a sales tax hike this November after voters rejected a similar measure in 2010.

This time, though, the City Council is only putting a half-cent sales tax increase on the ballot while in 2010 it put a 1-cent sales tax increase, Measure K, on the ballot.

....  While the city’s operating budget is just about balanced, it has virtually no funds for capital improvements.  .....  The half-cent sales tax hike, if approved, will bring in about $870,000 annually."  Read Article.

Posted by Kathy Meeh

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