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Perris council hears business pleas to cut cannabis retail tax; city attorney asked to review state law
Summary
Council heard presentations and public comment on reducing the city's 10% cannabis retail tax (staff presented revenue projections and a billboard survey); members directed the city attorney to review a referenced state law and return with analysis for council consideration.
The Perris City Council on Feb. 25 took up a staff report and public comment about whether to reduce the city's 10 percent cannabis retail tax rate. Staff presented revenue history, projections under alternative tax rates, and an updated survey of freeway billboards advertising cannabis.
Rafael Garcia, principal planner, summarized staff work since the Ways and Means Committee review: an updated billboard survey (29 freeway billboards identified, 18 within Perris city limits; four in the county and four in the city were advertising cannabis at the time of the survey), a survey of surrounding cities' tax rates, and an analysis of potential revenue impacts from lower rates.
Staff noted Perris's 10 percent tax translates to an effective rate of about 7.75 percent after the state excise tax and related deductions used in the staff…
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