Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Newark staff say city is fiscally healthy; Measure LL would raise hotel tax from 10% to 14% if voters approve
Summary
City Manager David Benoon told council candidates Newark projects near‑term fiscal balance, outlined revenue sources and said Measure LL (a proposed increase in the city’s transient occupancy tax from 10% to 14%) is expected to bring roughly $2.1 million if approved; staff noted $15–$20 million in excess Measure GG revenues are available for general fund uses.
City Manager David Benoon told council candidates at a candidates’ briefing that Newark is projecting to break even for the current fiscal year and is financially healthy, citing conservative budgeting and a high credit rating. “The city is projecting, essentially breaking even for this fiscal year,” Benoon said, adding the city’s long‑standing approach is to maintain a balanced budget.
Benoon outlined the city’s general fund revenue mix: about 40% from property taxes (projected near $33 million), about 20% from sales taxes and smaller shares from a hotel…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
