City of Costa Mesa Measure C: The Costa Mesa Fair Business License Reform, Small Business Protection Measure
Source: ocvote.gov
What does this measure do?
Updates Costa Mesa's business license tax, now capped at $200 a year, so businesses earning over $500,000 a year pay 50 cents per $1,000 of sales, up to $15,000. Smaller businesses and residents pay nothing new, and the city gets about $6 million a year for general services.
Proposed by: Costa Mesa City Council
The city's elected council approved the measure and put it to voters. California requires a public vote for a new, higher or extended local tax.
Source: costamesa.legistar1.com
A YES vote means
Businesses with more than $500,000 in yearly sales pay a higher license tax, up to $15,000 a year, until voters end it. Smaller businesses pay the same as now. The money goes to the city's general budget.
A NO vote means
The business license tax stays as it is, with a top charge of $200 a year. The city does not get about $6 million a year in new money.
Sources: costamesa.legistar1.com2 · cityofcostamesanews.com · ocvote.gov
Source: ocvote.gov