HomeMy WebLinkAboutG.13 Sales Tax Info 2024-02-13Implementation
of Sales and Use
Tax
City Initiated
GENERAL
PURPOSE TAX
•An ordinance proposing that tax is approved by a two-
thirds vote of all members of that governing body, In this
case, four (4) of the five (5) Councilmembers
•The tax is approved by a majority vote(1/2) of the
qualified voters of the city
•Must be consolidated with a general municipal election
where the city council seats are up for election. Unless
specific emergency criteria are met, The next general
election will take place on November 5, 2024.
City Initiated
SPECIAL
PURPOSE TAX
•An ordinance proposing that tax is approved by a two-
thirds vote of all members of that governing body, In this
case, four (4) of the five (5) Councilmembers
•The tax is approved by two-thirds (2/3) vote of the
qualified voters of the city voting in an election on the
issue
•The ordinance includes an expenditure plan describing
the specific projects for which the revenues from the tax
may be expended.
•The measure may be introduced as a special tax in the
next general election on November 5, 2024.
•The City will not hold any special elections in 2024.
City Initiated
Follow up
actions for
both options
•Adoption of a resolution ordering submission for the
general election to be held on November 5, 2024. The last
day to submit is August 9, 2024.
•Adoption of a resolution setting priorities for filing written
argument with City Attorney to prepare an impartial
analysis.
•Resolution providing for the filing of rebuttal arguments.
•A first reading, by title only, must take place. If the
measure is approved, the second reading of the ordinance
would be conducted after the election is certified.
Voter Initiated
Both
GENERAL
PURPOSE AND
SPECIAL
PURPOSE TAX
•Proponent’s Notice of Intent to Circulate Petition
(Including Written Text of the Proposed Initiative)
Delivered to City Clerk
•City Attorney to Provide an Official Ballot Title and
Summary of the Proposed Measure/Initiative
•Proponent to Publish or Post Notice of Intention in Local
Newspaper
•Within 10 days After Publication or Posting, the Notice of
Intention and Title and Summary shall be filed with City
Clerk
Voter Initiated
Continued
•Proponents may Circulate Petition at this time and Secure Signatures.
•10% of registered votes based on last general election must sign initiative.
•City Clerk will validate signature count and Forward to the County who will verify Signatures as Registered Voters
•Upon verification, the Legislative Body calls for an Election and Submits the Initiative to the Voters
Voter Initiated
Continued
•Legal counsel will prepare an impartial analysis of the measure showing the effect of the measure on existing law and the operation of the measure.
•The governing board of a jurisdiction, a registered voter eligible to vote on the measure, and bona fide associations of citizens may file written arguments for or against measures.
•The authors of the arguments may submit rebuttal arguments
•A ten-day public examination period immediately follows the submittal deadline of the impartial analysis, arguments for and against measures, and rebuttal arguments when the Registrar of Voters will provide any requesting person with copies of these documents.
Revenue Source
Projected new revenues at 1% 1,965,000
Reallocated Transaction Tax 825,000
Business to Business Taxes 228,000
912,000
Non Resident Contribution 0%10%20%30%40%50%
Dining Establishments 20% -24,400 48,800 73,200 97,600 122,000
Fuel and Service 20% -10,500 21,000 31,500 42,000 52,500
-34,900 69,800 104,700 139,600 174,501
True Resident Burden 912,000 877,100 842,200 807,300 772,400 737,500
Annual Burden per Resident 70 67 65 62 59 57
Monthly Burden per Resident 5.85 5.62 5.40 5.18 4.95 4.73
Revenue Stream Breakdown