City of Vernon Parcel Tax on Commercial Properties, Measure L (April 2013)
Measure L imposes a parcel tax on non-residential parcels in the City of Vernon for ten years. The tax rate is $0.03 per square foot. This rate can be adjusted upwards annually for inflation without a further vote of the city's residents.
According to the way Measure L is written, revenue raised by it can only be spent on "Fire Protection, Public Health and Police related services and projects".
Measure L will generate about $1.9 million in new revenue for the city each year.
The question on the ballot:
|Measure L: "Shall an ordinance be adopted to authorize, for a period of ten years, the levy of an annual special parcel tax on non-residential parcels at the rate of $0.03 per square foot (adjusted annually for inflation) to fund (i) City fire protection services and projects, (ii) City health services and projects, and (iii) City police services and projects?"|
- Los Angeles Times, "Vernon voters approve $8 million in tax hikes", April 10, 2013
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.