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Extraído del Informe Consolidado

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Santa Barbara County Grand Jury • 2012-2013

Taxing OIL Tapping into Santa Barbara County’s Natural Wealth

Published: June 27, 2013 5 pages
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Findings 4 findings

F1 Page 8
The principal vehicle for taxing oil production in California, the property tax, was lowered substantially with the passage of Proposition 13 in 1978.
F2 Page 8
The County of Santa Barbara is facing estimated budget gaps of $5 million in Fiscal Year 2013-2014 and $13.7 million in Fiscal Year 2014-2015.
F3 Page 8
Once the proposed North County Jail opens, its operating cost is projected to deplete the Santa Barbara County General Fund by $17.3 million annually.
F4 Page 8
An oil production tax could generate essential new and ongoing revenue for the County.

Recommendations 1

No Responses Found 1

Government entities assigned to respond to this report. No response documents have been linked in our database.

Santa Barbara County County