Los Angeles Sales Tax Increases to 10.75% via Measure FD
What happened
Voters approved Measure FD, increasing the sales tax rate in Los Angeles from 10.25% to 10.75%. This measure is expected to raise nearly $350 million yearly for the Los Angeles Fire Department to hire more firefighters and upgrade stations. The new tax rate will likely begin being collected in the spring.
From laist.com
Why it matters
The sales tax increase directly changes the cost of goods for consumers and alters municipal revenue streams in the Los Angeles region. The state of California maintains a base sales tax of 7.25%, to which cities add their municipal tax.
From laist.com
Who's involved
- Los AngelesThe city where the sales tax increase was approved and will be implemented.
Keep exploring
The entities involved
-
Calabasas
city in the northwestern Santa Monica Mountains region of Los Angeles County, California, United States
Nothing else this week.
-
Azusa
city in Los Angeles County, California, United States
Nothing else this week.
-
Bell Gardens
city in Los Angeles County, California, United States
Nothing else this week.