File #: 24-474    Version: 1 Name:
Type: Report Item Status: Agenda Ready
File created: 5/8/2024 In control: Tax Transparency Commission
On agenda: 5/13/2024 Final action: 5/13/2024
Title: SUBJECT: New Measure C Ballot Presentation REPORT IN BRIEF New Measure C ballot presentation. RECOMMENDATION Tax Transparency Commission - Adopt a motion accepting the presentation as information only.
Attachments: 1. Presentation

 

Title

SUBJECT: New Measure C Ballot Presentation

 

REPORT IN BRIEF

New Measure C ballot presentation.

 

RECOMMENDATION

Tax Transparency Commission - Adopt a motion accepting the presentation as information only.

 

Body

DISCUSSION

Measure C qualified to be placed on the ballot through an initiative process that gathered 3993 signatures of qualified voters of the City of Merced.  The measure extends the Current Measure C tax at the same rate (1/2 percent) until March 31, 2044, but beginning July 1, 2024, 95% of proceeds of tax would be dedicated to police and fire services and 5% of the proceeds on road improvement and maintenance.

 

The Measure also amends section 3.38.010 of the Merced Municipal Code to require that Measure C revenue must supplement and not supplant proportional spending levels of budgeted City expenditures in fiscal year 2021-22 in the areas funded by the ordinance.

 

ATTACHMENTS

1.  Presentation