By Tim Seufert The California Constitution requires that special taxes receive 2/3 voter approval for implementation, and this has been the general understanding for decades. Specifically, Proposition 218 requires that special taxes proposed by a council or board receive 2/3 approval for implementation. More recently, however, a court case, the California Cannabis Coalition v. City […]
How to Use Sales Tax Data to Create Results for your Public Agency
Scenario I am a Finance Director/Manager in a City that like others is seeking to maximize revenues from existing businesses and find new revenues to help our city have sufficient revenues to provide quality services to our residents and the community at-large. Here’s the problem. The Finance Director/Manager is inundated every day with new reports […]
Bondtacular Event is Spectacular
On November 19, 2015 MMANC (Region 1) organized an event called “BONDTACULAR, Sustainable Future with Bonds” which was hosted by the Midpeninsula Regional Open Space District, the City of Mountain View and Stifel. Stifel provided an expert overview on many technical themes from financing options available to fund infrastructure to the intricacies of the municipal […]
Fiscal Literacy for Everyone on the Government Ladder
Imagine a small child tugging on his mother’s arm in a department store. The child is asking if he can buy the toy clutched in his hand. When the mother denies the child’s request, the child questions why. If the mother chooses to provide a response, she will likely say the toy is priced too […]