The Pleasanton City Council is moving forward with exploring placing a revenue measure before voters next year as the city says costs will soon outpace revenues.
That was one question posed by a resident during a City Council meeting Tuesday when the panel gave city staff the green light to explore placing a possible tax measure on a ballot next year.
The city is studying a tax or bond measure as it stares down projections that show the city in coming years spending more money than it takes in.Pleasanton lost $11 million in hotel tax revenue during the last three years of the coronavirus pandemic, Brown said, and the industry has been slow to recover to pre-pandemic levels.“If you’ve been by the mall recently, you know the mall is very slow, and it has not brought in the sales tax that we expected,” the mayor said.
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