Sales Tax Hike On November Ballot In Novato
NOVATO, CA — Voters in the city of Novato will decide on a 0.75% sales tax increase in November after the City Council voted Tuesday to place the measure on the ballot.
The tax would increase the city's 8.5% sales tax to 9.25% and raise an estimated $10.3 million annually that would be dedicated to maintaining city services.
The city is facing growing budget deficits over the next five years that are projected to be between $3.3 million and $3.8 million annually, according to the staff report prepared by City Manager Amy Cunningham.
"Without immediate financial change, the city will have depleted all reserves to preserve the existing suppressed level of service in just two years," the report said.
https://patch.com/california/novato/sales-tax-hike-november-ballot-novato