A Redwood City Business Tax, Measure M ballot question was on the November 8, 2011 ballot for voters in Redwood City in San Mateo County, where it was approved.
The approval of Measure M means that the business license tax in Redwood City will be increased by $21 plus $15 per employee, with annual adjustments based on the Consumer Price Index. The increase will be layered in over three years.
Election results
Measure M |
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Result | Votes | Percentage |
a Yes | 4,554 | 55.6% |
No | 3,640 | 44.4% |
- Election results are from the San Mateo County elections office.
Text of measure
The question on the ballot:
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Measure M: "To preserve funding for general city services such as libraries, parks, and public safety, shall an ordinance be approved increasing, over three years, the business license tax rates by $21 plus $15 per employee (with a similar increase for businesses not taxed on a per employee basis) annually adjusted thereafter based on the Consumer Price Index, with proceeds placed in the City’s General Fund, subject to City’s annual independent financial audit?"[1]
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See also
External links
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- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.