How is the revenue estimate calculated?

The revenue estimate of $1.8 million is based on historical data using FY 2018-19 revenues generated with the City’s 0.5% sales tax approved in 2006. Doubling the $900,000 revenue generation for the 0.5% sales tax leads to the $1.8 million estimate for the 1% Measure F-20 sales tax. The estimate of sales tax revenue generated by visitors is based on an analysis using data points such as the number of households, household income, estimated taxable purchases, and actual sales tax revenue in the city to come up with an estimate of how much residents contribute (60%) and visitors contribute (40%).

Show All Answers

1. Why is Measure F-20 on the November 2020 ballot?
2. What are some of the financial challenges facing Grover Beach?
3. What may happen if Measure F-20 doesn’t pass?
4. How will Measure F-20 appear on the November 2020 ballot?
5. Is Measure F-20 a general tax or a special tax?
6. How will Measure F-20 impact me?
7. Will there be any safeguards in place to ensure Measure F-20 revenues are appropriately spent?
8. How is the revenue estimate calculated?
9. Is Measure F-20 intended to address budget shortfalls related to fiscal impacts of COVID-19?
10. Why does the City need additional funding for street repairs? Doesn't Measure K-14 cover these projects?
11. What would Measure F-20 funds address that our cannabis tax does not?
12. Can’t property tax revenues cover unmet community needs?
13. What are transient occupancy tax (TOT) revenues being used for?
14. What could Measure F-20 help fund?
15. How is the City informing the Grover Beach community about Measure F-20?