215 Beach Street
Santa Cruz, CA 95060
(831) 475-7100
Economic Benefits
  1. Add $600,000 per year from Hotel Tax to general fund.
  2. The project will add Funds for Operating a Beach Cable Car Shuttle.
  3. Add $450,000 per year to the City property tax. A strong City tax base can = Strong social programs
  4. Add $135,000 per year Sales tax to the City (from sales at Restaurant/Gift Store)
  5. Add $218,000 per year to Santa Cruz City Redevelopment Agency which could be used for affordable housing
  6. It will add 102 local Year-Round Jobs (72 Full-Time, 30 Part-Time)
  7. Add $ 190,000 of funds per year for local elementary, middle, High Schools and Cabrillo college



 

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