Tax hikes, new taxes floated as guaranteed income programs seek new funding

Like many municipalities, the city of Alameda, California, found itself flush with revenues and had a record $212.86 million in 2023, according to city documents , a 10% increase from its pre-pandemic funding level in 2019 when adjusted for inflation.

Part of the reason for the record-level revenues was that the city received federal money from the American Rescue Plan Act (ARPA). In the summer of 2023, the city took $4.6 million of its ARPA money to set up a guaranteed income program for 150 people who received $1,000 monthly with no strings attached.

There are an estimated 200 guaranteed income […]

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