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|November 14, 2018|
Sales tax increases, marijuana initiatives approved
INLAND EMPIRE – (INT) – Election officials are still counting vote results on several ballot measures that voters decided this week.
Proposed 1-percent sales tax increases were approved in Norco, Wildomar and Murrieta boosting the rates to 8.75% in those cities.
Measure ‘S’ in Canyon Lake maintains an existing utility tax. Measure ‘P’ in Banning permits revenue from the electric utility budget to be shifted to the city’s general fund.
A host of ballot measures related to commercially-grown marijuana were on the ballot. New cannabis taxes were approved by voters in most cities where the issues were up for a vote. They come 2-years after California voters legalized the recreational use of marijuana.
Marijuana measures to tax cannabis businesses in Colton and Adelanto were approved. It’s estimated in Moreno Valley that if commercial cannabis sales and production in the city is taxed, $2.2 million could be raised annually to provide public safety and quality of life services.
Story Date: November 10, 2018