City of Riverside Hotel Tax Increase, Measure V (November 2010)
Measure V increases the city's hotel tax by 2%, from 11% to 13%. The increase will occur in stages with an increase to 12% in July 2012 and another increase to 13% in July 2014.
Politicians in the city said that the tax hike will generate $1.3 million in additional revenue for the city's general fund.
The ballot proposition does not provide specifics about how the money will be spent.
Election results are from the Riverside County elections division as of November 24, 2010.
Text of measure
The question on the ballot:
|Measure V: To offset State budget cuts, provide local funding the State cannot take, and supplement City funds for essential services such as 9-1-1 response, police and fire protection, youth/senior programs, tourism, and facilities such as the convention center, libraries, and parks, shall the City's existing transient occupancy tax, also known as a hotel tax paid only by hotel guests, be increased by 2%, subject to audit and all funds staying local?|