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RandySF

(66,226 posts)
Mon Aug 12, 2024, 07:13 PM Aug 12

SALES TAX HIKE ON CATHEDRAL CITY BALLOT

CATTHEDRAL CITY — Residents in this community will decide on Nov. 5 whether to increase the city sales tax by a half cent. The sales tax in Cathedral City is currently 8.75%, which includes the 7.25% statewide sales tax, 0.5% county tax and 1% city tax.

If the measure is approved, Cathedral City’s sales tax would become 9.25%. It, along with Palm Springs, would be the highest rate in Riverside County, Ryan Hunt, Communication and Events Manager.

The tax is a general fund tax, so the City Council will appropriate it each year with the budget. It is expected to generate about $5 million, which is locally controlled and not subject to takeaways by the state or other levels of government.

If approved, the City should see money by August 2025 at the latest effective for the quarter of April 1 – June 30, 2025. There is no built-in sunset clause. It is effective until ended by voters, Hunt said.




https://ukenreport.com/sales-tax-hike-on-cathedral-city-ballot/

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SALES TAX HIKE ON CATHEDRAL CITY BALLOT (Original Post) RandySF Aug 12 OP
Reasonable request. I'm thinking voters will approve. jimfields33 Aug 12 #1

jimfields33

(17,956 posts)
1. Reasonable request. I'm thinking voters will approve.
Mon Aug 12, 2024, 07:20 PM
Aug 12

I haven’t heard many financial initiatives getting a down vote. Good luck to a future robust economic growth for the city. Keep in mind most still would go to the state.

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