News Flash Home
The original item was published from 2/21/2017 11:46:00 AM to 2/21/2017 11:46:16 AM.

News Flash

News for San Gabriel

Posted on: February 15, 2017

[ARCHIVED] SG sales tax receipts higher by 7.7%

Revenue by Business Group

San Gabriel's receipts from July through September were 7.7% above the third quarter sales period in 2015. Excluding reporting aberrations, actual sales were up 3.0%.

Approximately half of the quarterly revenue gain was due to one-time reporting aberrations that cut building and construction receipts in the comparison quarter. Net of adjustments, restaurants and hotels, business and industry, food and drugs and autos and transportation categories proceeds were up. Growth in most business segments in business and industry and the food and drugs groups bested countywide trends. The City's allocation from the countywide use tax pool, up 18.6% reflected the relative strength of local sales activity. Persistently low oil prices reduced fuel and service station totals by keeping gasoline prices below year ago levels.

Net of aberrations, taxable sales and use tax receipts for all of Los Angeles County rose 0.8% over the comparable time period, while Southern California as a whole was up 1.5%.

To view San Gabriel's sales tax update, click here.

For more information, contact Finance Director Tom Marston at 626.308.2812, Ext. 4610 or tmarston@sgch.org.

Facebook Twitter Email

Other News in News for San Gabriel

Take Our Survey (news flash)

We Want To Hear From You!

Posted on: March 13, 2023
City Hall (News Flash)

Lunar New Year Festival 2023 Statement

Posted on: January 27, 2023
Del Mar Sewer

Update on Del Mar Ave Sewer Project

Posted on: January 5, 2023
Holiday Tree Lighting (News Flash)

Holiday Tree Lighting on December 6

Posted on: November 28, 2022
Business License Renewals (News Flash)

2023 Business License Renewals

Posted on: November 22, 2022
SOTC (News Flash)

State of the City Address on November 17

Posted on: October 31, 2022
Election (News Flash)

View Live Election Results

Posted on: November 8, 2022
Fall Fun

Ready, Set, Ghoul!

Posted on: October 20, 2022
Emergency Preparedness Month

September is National Preparedness Month

Posted on: September 20, 2022
Compost Day - Athens Services (1)

Free Compost Giveaway on May 7

Posted on: May 3, 2022
Aldo Cervantes Appointed Community Development Director of San Gabriel

New Community Development Director

Posted on: October 14, 2021
Stormwater Projects Along Adelyn and Hermosa To Begin in May

Stormwater Projects To Begin in May

Posted on: April 26, 2021