"Santa Clara County voters approved an increase in local sales taxes that county officials say is necessary to help offset dramatic cuts in federal aid by the Trump Administration, mostly in health care. The approval of the additional 0.625% in county sales taxes propels half of the county into double-digit territory. The sales tax increase needed only a simple majority of county voters to be enacted, because it is an unrestricted tax that can be spent for any county government purpose."
"The countywide sales tax will increase to 9.75%. The increase will be rolled back in five years. County Executive James WIlliams said the county can collect more than $330 million over five years from the five-eighths-cent additional sales tax. Purchases made in the cities of San Jose and Milpitas, which have city sales taxes as well, will have a 10% tax. Campbell businesses will collect 10.5%, the county's highest rate. Consumers in Los Gatos will pay 9.875%."
Santa Clara County voters approved a five-year, 0.625% county sales tax increase by about 45,000 votes, with 181,193 YES and 136,514 NO out of 317,707 ballots counted. The countywide sales tax will rise to 9.75% and will be rolled back after five years. County officials project more than $330 million in additional revenue over five years to help close a projected billion-dollar shortfall attributed to federal healthcare aid cuts. Some cities will face higher combined rates—San Jose and Milpitas 10%, Campbell 10.5%, Los Gatos 9.875%. The measure required a simple majority because the tax is unrestricted.
Read at San Jose Inside
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