Posts Tagged ‘Taxes’

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Atascadero considering sales tax hike

The Atascadero City Council will consider Tuesday whether or not to put a sales tax increase on the November ballot. City staff has proposed placing a half cent sales tax measure on the ballot. The ballot initiative would call for... (Continue reading)

Marx seeking sales tax renewal end-run around law

By KAREN VELIE San Luis Obispo Mayor Jan Marx is seeking to use an appellate court ruling to forego the two-thirds council vote requirement to place a tax increase on the November ballot. In 1986, California voters passed Proposition 62,... (Continue reading)

SLO sales tax renewal lacking needed support

The San Luis Obispo City Council majority must muster four votes in order to place a renewal of its half-cent sales tax on the November ballot. But, as of Tuesday night, only three council members support doing so. At a... (Continue reading)

Making an old crime pay

Taking a stab at an issue that might become commonplace in other states soon, Denver’s city fathers are laying down retail rules and tax proposals for the non-medical sales of marijuana in neighborhood settings. (Denver Post) Colorado voters approved legalization... (Continue reading)

Bankrupt California city to vote on sales tax hike

The city of Stockton, which last year became the largest U.S. city to file for bankruptcy, will vote on whether or not to raise taxes to help ease its financial troubles. [News10] The Stockton City Council voted Tuesday night to... (Continue reading)

SLO County homeowners facing property tax hikes

Property taxes for about 24,000 San Luis Obispo County homeowners could increase more than 2 percent next year, according to County Assessor Tom Bordonaro. [Tribune] Proposition 13, which California voters passed in 1978, limits yearly property tax increases to 2... (Continue reading)

San Luis Obispo adopts $111 million budget

By JOSH FRIEDMAN The San Luis Obispo City Council adopted a $111 million budget for the upcoming fiscal year Tuesday night. Ten years ago, the council adopted a $72 million budget for 2003-2004. In that past ten years, the population... (Continue reading)

SLO considering a pension obligation bond

By JOSH FRIEDMAN The city of San Luis Obispo may turn to debt financing to address its growing pension liabilities. During a two-year budgeting meeting Monday, interim finance director Wayne Padilla said city management is considering recommending that the council... (Continue reading)

Debate rages over California’s budget surplus

After years of battling over state budget deficits and spending cuts, California lawmakers are now arguing over how the state should deal with an unexpected surplus. [NewYorkTimes] The Legislature’s independent financial analyst estimates the surplus at about $4.4 billion while... (Continue reading)

Weyrich’s continuing money woes

David Weyrich, the owner of the Carlton Hotel in Atascadero, is working to keep the landmark hotel off the auction block. Weyrich owes San Luis Obispo County more than $900,000 in unpaid taxes on the hotel property. Without a payment... (Continue reading)

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