| News - Wednesday, June 13, 2012
Budget, taxes on Menlo Park agenda
It's hard to talk about the city's budget without talking about taxes, as the Menlo Park City Council will demonstrate during its meeting on Tuesday, June 12.
The $65 million budget for fiscal year 2012-13 depends on increasing the hotel guest tax rate from 10 percent to 12 percent. According to staff calculations, passing the higher tax would raise more than $560,000 annually for the city, and bring local rates in line with neighboring cities, including Palo Alto and Redwood City.
All five Menlo Park council members agreed to put the hotel tax on the Nov. 6 ballot, which means voters make the final decision. San Mateo County failed to pass a similar measure during the June 5 election, with 52.3 percent of voters opposing the tax increase.
The regular meeting starts at 7 p.m. Tuesday in the council chambers at the Civic Center at 701 Laurel St.
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