Nov 6, 2013 12:13 PM
STOCKTON, Calif. (AP) — A sales tax measure that officials in a bankrupt California city have said is essential to their economic fortunes is ahead in early returns.
Stockton's Measure A was up on Wednesday by about 1,300 votes, though officials said they still had more than 3,300 votes to count.
The measure would raise the bankrupt city's sales tax by ¾ of a cent to 9 percent. The Record of Stockton reports (http://bit.ly/HxtnEP) that it is expected to raise $280 million over the next ten years.
City officials have said the tax is key to the city's plan to emerge from bankruptcy, and they would have to make even deeper cuts to services without it.
Sixty-five percent of the money will go toward hiring 120 additional police officers.
Information from: The Record, http://www.recordnet.com/
1 day ago