In the fall of 2012, citizens approved Measure U a temporary half cent sales tax increase. Sacramento ,like the rest of the country was hit hard by Financial Crises of 2007-2008 . Fire Stations, Libraries, Community centers closed all over the city. There were layoffs in every department including Fire and police. Income from this tax hike would used to shore up police, libraries and other services throughout the city. A temporary tax increase that would end in March 2019
The tax increased concerned business leaders back in 2012.
The Sacramento Metro Chamber reminded city council couldn’t resolve its budget’s structural imbalance even when it had healthy coffers, pre-2008, so why should it be entrusted with millions now, especially during a struggling economy?
“I don’t have confidence that the money will necessarily be spent wisely,” The sales-tax boost will take leaders’ “eyes off the ball” when it comes to making government more efficient and effective.
Sacramento Developer, Mike Heller
Sacramento’s and tax based has grown significantly and Sacramento still cant manage its finances. Somethings wrong in City Hall
During the lean years, hundred of thousands was spent on Consultants to Retain the Sacramento Kings.
The City has recently issued $240 million dollars in bonds towards an unprofitable Convention Center which has been a drain on the city for more than twenty years.
Darrell Steinberg wants a tax increase that will have a negative impact on the city’s poor. Business may suffer as the Sacramento will have the highest Sales Tax in the region.
While City leaders say the money will go towards Police, other core departments. The language isn’t there. There isn’t a mandate that says how the money is to be spent.
Don’t give Darrell Steinberg and city leaders A Blank Check.
Insist they live as we do, within our means !