If the ballot measure passes in the November 2024 election, it would raise the city's sales tax rate from 7.75% to 8.75%.
The San Diego City Council on Monday unanimously approved a ballot measure which, if approved, would increase sales tax in the city by 1% intended for broad infrastructure and city services funding.
Sales tax currently represents the second largest revenue source for the city's General Fund, comprising 18.9% of the total revenue.If the ballot measure passes in the November 2024 election, it would raise the city's sales tax rate from 7.75% to 8.75%. Among the 481 cities in California, San Diego's 7.75% sales tax rate is tied for fourth lowest, a city report found.
"This City Council and Mayor have prioritized necessary long-term fixes to our infrastructure rather than band-aid solutions — and with the voters' approval of this measure, we have the chance to truly double down on this approach," the mayor and councilman's joint statement read."By working together to pass this measure, we can build a city that not only functions but thrives — not just for the present generation, but for generations to come.
According to a city report, $9.25 billion is needed over the next five years address an infrastructure backlog, and would comes with checks to make sure the funds head where intended."The proposed ballot measure includes strict accountability, transparency, and oversight to ensure that revenue generated from the Transactions and Use Tax goes directly to essential city services and infrastructure in the city of San Diego," the report reads.
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