In anticipation of reduced property tax revenues due to the weak stock market, increasing number of homes in foreclosure and declining home values, the Pismo Beach City Council voted to add a 1/2 cent increase in sales tax to the June Ballot.  If approved, the sales tax will be 7.75%, which is what it currently is in Arroyo Grande, Grover Beach, San Luis Obispo and Santa Maria.  According to the City Council, secure funding is needed to continue the work that has already begun for repair of sidewalks, streets, beach access stairs, and improving the storm drainage systems.