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