Concord, California – Measure V appears to have been approved by a narrow margin, with 51.08 percent “yes” votes and 48.92 percent “no” votes, according to unofficial election night results from the Contra Costa County Registrar of Voters Office.
Measure V will increase the city of Concord’s existing local sales tax from one-half to 1 percent.
It is an extension of Measure Q, a half-cent sales tax first approved by Concord voters in 2010, at a time the Great Recession had decimated city budgets, including Concord’s.
Local voters extended Measure Q, at a half-cent, in 2014.
Concord’s overall sales and use tax rate will rise from 8.75 percent to 9.25 percent.
The financial situation in Concord, as in many other cities, has taken a big hit from the COVID-19 pandemic. The Concord City Council earlier this year cut the 2020-2021 general fund budget by $10.5 million from original estimates, cut 36 jobs and cut managers’ pay.