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<br /> 7A <br /> Page 7 <br /> Attachment 2 <br /> Sales Tax Comparison in Bav Area Counties <br /> Jurisdiction Sales Tax Percentage <br /> Alameda County 8.75% <br /> Contra Costa County 8.25% <br /> San Francisco County 8.50% <br /> San Mateo Proposed 8.375%,. Current 8.25% <br /> Santa Clara 8.25% <br /> Santa Cruz 8.00% <br /> Implementation - Distribution of Funds. Reports and Auditina <br /> The measure would be effective upon passage, however, consumers would not start <br /> paying the increase until April 1, 2007 at the earliest. The Board of Equalization <br /> requires this time for its implementation procedures. <br /> While jurisdictions would receive revenue for the final three months of fiscal year 06-07, <br /> they should plan on the revenue being received during FY 07-08. C/CAG is still <br /> reviewing the frequency and schedule for distribution of the revenue. <br /> C/CAG has proposed a self-certification reporting process with random audits. <br /> Jurisdictions would submit a report certifying that revenues were spent on parks and <br /> recreation related expenses and that the general fund contributions for parks and <br /> recreation services was maintained. Random audits would be performed by <br /> independent auditors, contracted by C/CAG. Reports will be made to the C/CAG board <br /> and be available to the public. <br /> - <br />