tax decline

SANTA BARBARA COUNTY, Calif. – The ongoing downward trend in tax revenues from the cannabis industry in Santa Barbara stands out as the dark spot in an otherwise bright financial picture, county officials said this week. While revenue from property taxes and hotel bed taxes is estimated to exceed county projections by $17 million and $2.2 million, respectively, for fiscal year … [Read more...] about County projects a $10.5 million shortfall in cannabis tax revenue