Where should we encourage new jobs, single-family homes, and multi-family homes?
Development and expansion in Vallejo can support the City government and the overall community in a variety of ways. A portion of sales tax from retail and business-to-business transactions goes directly into the City’s General Fund, where it can be used to support services such as law enforcement, fire suppression, and street maintenance. Likewise, investment in real estate that leads to increased property value can also result in higher property tax revenues that support the General Fund. Perhaps just as importantly, new businesses offer increased job opportunities that put dollars directly in the pockets of employees and thereby increase spending power, and in turn, potential profitability for Vallejo businesses.
All three scenarios would have net benefit for City finances when accounting for revenues and costs. Retail and residential uses generate the most revenue. River and Bay City has the most of these uses and Urban Villages has the least. Learn more about the scenarios.
The deadline for posting statements was 11:59 PM on October 13, 2015
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