Citizens to vote now.
As discussed in Monday’s post, the San Carlos City Council voted as expected in their Monday night meeting and approved a measure which will put a 0.5% sales tax increase on the November 3rd ballot. If approved, the sales tax rate for San Carlos will increase from 9.25% to 9.75%, making it the highest sales tax rate on the entire Peninsula, including San Francisco.
For more details on the meeting, check out Mike Rosenberg’s article: San Carlos Sales Tax Hike Heading to Ballot.
This will prove to be an interesting and tough battle for both sides of this initiative as November 3 draws closer. There’s no doubt that the City needs additional revenue to keep some vital programs in place, and to prevent additional layoffs. On the other hand, a tax rate of nearly 10% will likely keep some shoppers away from local businesses, especially for larger purchases.
Look for lots of lobbying on both sides as the election draws nearer..
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