A city of San Diego sales tax hike could be trending toward voter approval, despite still trailing in the latest vote totals posted by election officials early Wednesday morning. Supporters believe Measure E — a one-cent sales tax increase that would generate about $400 million annually — is highly likely to surpass the simple majority it needs for approval once all the votes are counted.

Three measures were on the Nov 5. ballot for San Diego voters including Measure E which would raise the sales tax to 8.75% to support city infrastructure projects.

Measure E, San Diego's one-cent sales tax increase for general city services, is trailing in early results, but the race remains too close to call. Why it matters: The city last year balanced its budget by using one-time revenue sources to pay for ongoing expenses,