Following up on a vow to find funding to help alleviate the housing crisis in San Mateo County, the county's Board of Supervisors on Tuesday, July 26, will vote on whether to put a measure on the November ballot to extend an existing half-cent general sales tax for 20 more years.
The meeting starts at 9 a.m. in the supervisors' chambers, 400 County Center in Redwood City. The vote on the sales tax measure is number 8 on the agenda.
The sales tax extension was not the funding source the supervisors had initially wanted. They had discussed putting a $500 million housing bond measure on the ballot, and the possibility of an additional sales tax.
But initial polling said the $500 million bond measure wouldn't gain the two-thirds majority vote needed for passage. Research also showed that a new sales tax isn't possible because the county's sales tax rate is already the maximum allowed by the state.
A pollster hired by the county found that even a smaller bond had little chance of passage. Polling showed that the sales tax extension, by contrast, received much more support than it needed to pass.
While the sales tax is a general tax and won't be specifically for housing, supervisors said they hoped it would give the county a stable, long-term source of funding that might be leveraged to finance housing projects.
See the board meeting agenda and staff reports on the county's website.
See an earlier Almanac story about the sales tax measure.
See an earlier Almanac story about the county's response to the housing crisis.