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Glendale council backs fast track for quarter‑cent sales tax amid $20M forecast gap
Summary
City staff outlined a projected multi‑year structural shortfall and presented six revenue options. Councilmembers directed staff to prioritize a quarter‑cent sales tax pre‑authorization for a near‑term ballot and to study a private‑parking lot tax as a second priority.
Glendale officials signaled urgency Tuesday as finance staff presented a five‑year general fund forecast showing a structural shortfall that could require roughly $20 million annually to restore reserve policy compliance.
The council heard Finance Director Jack Leang summarize options to close the gap, including a quarter‑cent sales tax (or pre‑authorization), a business license tax, a commercial vacancy tax, a hotel transient occupancy tax increase, a private‑parking‑lot tax and a public‑safety parcel tax. Leang said the city could need between $22 million and $33 million annually to fully reach policy targets but that $20 million would…
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