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HomeMy WebLinkAboutGT Transactions Use TaxTRANSACTIONS & USE TAX MEASURE July 28, 2026 Adrian R. Guerra, City Attorney 1 City Council Goals ›Goal #1 –“Ensure Our Fiscal Viability” by identifying additional revenue sources 2 Background ›Transactions and Use Tax Measure Placed on the Ballot at the November 2024 General Municipal Election ›Voters did not approve the measure ›City Council has explored both a special tax or a general tax for the November 2026 election ›After discussion during multiple meetings, the City Council decided to move forward with a Transactions and Use Tax Measure as a general tax for the November 2026 General Municipal Election 3 Proposed Ballot Measure For Consideration ›Proposed as a ballot measure at the November 3, 2026 General Municipal Election ›Transactions and Use Tax at a rate of 1.00% ›General tax for general government use 4 GRAND TERRACE GENERAL SERVICES MEASURE. To maintain and enhance essential City services — including police protection, neighborhood patrols, 9-1-1 emergency response, and rapid response times — shall the City of Grand Terrace enact a one-cent (1%) sales tax, providing approximately $1.2 million annually for general City use until ended by voters, with all funds staying local, public spending disclosure, and independent annual audits? Yes No Fiscal Impact ›Revenue: –1.00% tax estimated to generate $1,200,000 in general fund revenues ›Costs anticipated include: –City Attorneys’ fees to prepare impartial analysis; and –Costs for reviewing and/or preparing written arguments and rebuttals; and –No more than $175,000 charged by California Department of Tax and Fee Administration to administer tax 5 Resolution The following items regarding transactions and use tax must be completed by City Council: ›Adoption of the resolution: 1.Ordering submission to qualified electors of the City of a measure relating to a transactions and use tax at the general election to be held on November 3, 2026. 2.Setting priorities for filing written primary argument(s) and rebuttal arguments, and directing the City Attorney to prepare an impartial analysis regarding the transactions and use tax measure. 3.Directs staff to accomplish other election matters required by law. 6 Readings of the Ordinance ›If the resolution is adopted, then the City Council will need to conduct a first reading, by title only, of an ordinance relating to transactions and use tax measure ›Second reading and adoption of the ordinance to occur after the election if the measure is approved by the voters 7 Recommendation ›Adopt the proposed resolution and conduct first reading of ordinance if the City Council desires to place the ballot measure on the November 3, 2026 election; or ›Provide other direction to staff. 8