Pismo Beach council sends sales tax to voters
July 3, 2014
The Pismo Beach City Council voted Tuesday to place a renewal of the city’s half-cent sales tax on the November ballot. [KEYT]
Pismo Beach voters initially approved of the half-cent tax in 2008, and it is set to expire at the end of March. If a majority of voters support the measure in November, the tax will extend for 12 years.
The city raises about $1.3 million annually in revenue from the tax. Though the money goes to the general fund, city officials say all of the money goes to infrastructure projects.
“I don’t like higher taxes myself, however 100 percent of this tax goes to our infrastructure improvement,” Councilman Ed Waage said. “Not one dime for salaries or benefits or anything else.”
Waage said the city is trying to extend the tax for 12 years to better position itself to float a bond.
The cities of Atascadero and San Luis Obispo will also have half-cent sales tax measures on the ballot in November.