Did you know that the City of Visalia's Measure O will be on the November ballot?
The City of Visalia is always keeping an eye on the future – planning how it can best support its residents and maintain the highest standards of living while also adhering to State law.
In response to the
State of California's SB 1186, the Visalia City Council adopted a resolution to place Measure O: The Visalia Cannabis Tax Authorization for Maintenance of Essential Services on the November 5, 2024, ballot.
This measure will allow Visalia residents to vote on taxing cannabis businesses and funnel that revenue into the General Fund to protect essential services like preventing property crime, maintaining quick emergency response times and keeping public areas safe and clean, but only if the State ultimately requires the City to allow cannabis sales in the City or the City Council chooses to adopt an ordinance.
Currently, cannabis businesses are still illegal in the City of Visalia, but public officials are attempting to consider future State mandates and to best manage the needs of Visalia.
In the event of a state mandate or City Council ordinance allowing cannabis businesses in Visalia, City officials wanted to ensure that they have the funds to cover essential services and any increase in needs that these businesses may bring.
Measure O: The Visalia Cannabis Tax Authorization for Maintenance of Essential Services will allow Visalia residents to vote on taxing cannabis businesses at a rate not exceeding 10% of gross receipts or up to $10 per square foot for cultivation.
The money levied from this tax will go directly into the City’s general fund. This measure also includes provisions for mandatory spending disclosures. If approved, the Cannabis Business Tax could generate approximately $500,000 per year.
The proposed tax will only be levied if State law mandates it or if the City Council passes an ordinance permitting these types of businesses to operate within Visalia. The revenue generated from this tax could be utilized to find fund a variety of general governmental services including, but not limited to:
- Public Safety
- Emergency Responses
- Youth Programs
- Homelessness
- Public Space Maintenance
Measure O: Cannabis Tax Authorization for Maintenance of Essential Services will appear on your ballot as:
Shall the measure to fund general governmental services such as public safety, emergency response, youth programs, addressing homelessness, and maintaining public spaces, by taxing cannabis businesses at a rate not exceeding 10% of gross receipts, or up to $10/square foot for cultivation, raising approximately $500,000 annually, requiring spending disclosures, and which would only be levied if state law mandates or the Council approves an ordinance allowing such businesses, lasting until ended by voters, be adopted?
To learn more about Measure O, visit
www.visaliameasureo.com.