Support for LAist comes from
We Explain L.A.
Stay Connected

Share This


A 10.25% Sales Tax in Santa Monica? Voters May Decide

Photo by GarySe7en via LAist Featured Photos on Flickr
LAist relies on your reader support, not paywalls.
Freely accessible local news is vital. Please power our reporters and help keep us independent with a donation today.

The Santa Monica City Council is considering placing a measure on the November ballot that would put the city's budget woes in their hands. City leaders are considering placing a measure on the ballot that would ask voters to raise the sales tax a half cent or a property transfer tax hike of $1.50, according to the Santa Monica Daily Press. At issue is the projected $53 million budget shortfall the city will see over the next four and a half years.

Currently at 9.75% in Los Angeles County, the sales tax increase would mean Santa Monica could be boosted to 10.25%. However, a budget-saving state imposed sales tax of 1% is scheduled to expire next year July (but will legislators try to extend it?). The property transfer tax increase would increase to $4.50 per $1,000 spent on a property, matching the tax rate in Los Angeles and Culver City.

The city council has until August 6th to decide to place a measure on the ballot.