Half Moon Bay residents could face a minimum of five tax hikes on the November ballot. The San Mateo County Board of Supervisors will decide today whether to ask voters to increase the sales tax by a half-cent for ten years.
The proposal is on the Board's agenda. The money would go into the County's general fund.
The City of Half Moon Bay has already placed a on the November ballot. The three year increase would raise $867,000 annually to fund infrastructure improvements.
If both the City and County hikes pass, the sales tax in Half Moon Bay would be 9.25 percent.
But it doesn't end there. Gov. Jerry Brown's tax increase proposal, Prop. 30, includes a quarter-cent sales tax hike for four years.
So, if all three sales tax hikes pass, the rate in Half Moon Bay will be 9.5 percent.
Currently, the average sales tax in California is 7.8 percent, according to Find the Best.
Gov. Brown's Prop. 30 includes an income tax increase, in addition to the sales tax hike.
There are two more tax hike plans on the November ballot.
- Prop. 30 - Taxes (Brown plan)
- Prop. 38 - Taxes (Munger plan)
- Prop. 39 - Taxes for Multistate Businesses (Steyer plan)
The Board of Supervisors meeting begins at 9:00. It will be held at the Hall of Justice, 400 County Center, Redwood City, 94063. The meeting will also be streamed online.
