Alameda County Supervisors Pursue Half-Cent Sales Tax

Alameda County supervisors voted Tuesday to place a half-cent sales tax measure on the November ballot. Supervisor Wilma Chan introduced the measure, which garnered unanimous support from the Board. It will get another reading on July 28.

Alameda fears plummeting revenue as a result of business closures driven by the pandemic. The measure would yield $150 million a year, Chan said. It is not a special tax, so only a simple majority vote is required.

But Alamedans are already hurting. According to the county’s Workforce Development Board, the unemployment rate in Alameda rose from 3.9% in March to 14.1% in April as a result of the shutdown.

Last month, GrassrootsLab’s Robb Korinke wrote about the conundrum local governments will face when trying to increase taxes in these tough economic times. You can read his analysis here.


Comments

Finance

Monday, July 27, 2020 - 15:51

COVID-19 has made it difficult to estimate even the near-term revenue shortfalls for your jurisdiction, but there are opportunities to identify specific revenue streams that will help offset the de