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What is Parks for the Future? <br />What is Parks for the Future? <br />1/8 cent sales tax increase for San Mateo County <br />1/8 cent sales tax increase for San Mateo County <br />? <br />? <br />which would raise $16 million annually <br />which would raise $16 million annually <br />It is a new dedicated funding for parks and recreation <br />It is a new dedicated funding for parks and recreation <br />? <br />? <br />Each city decides the best way to spend their funds <br />Each city decides the best way to spend their funds <br />? <br />? <br />based on their parks and/or recreation needs <br />based on their parks and/or recreation needs <br />Distribution and audits will be administered by the <br />Distribution and audits will be administered by the <br />? <br />? <br />San Mateo City/County Association of Governments <br />San Mateo City/County Association of Governments <br />(C/CAG) <br />(C/CAG) <br />The sales tax increase will sunset in 25 years unless <br />The sales tax increase will sunset in 25 years unless <br />? <br />? <br />extended by voters. <br />extended by voters. <br />2 <br />2 <br />