Local cities welcome halt to slump in sales tax revenue: but L.A.'s take continues to decline for a third year.Sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. revenue in several L.A. County cities leveled off this year after taking a precipitous drop in fiscal 1991-92, while the City of L.A.'s take tumbled for the third consecutive year. Cities' finance officials said, in light of the recession, they were grateful for results that were only flat. Sales tax revenue helps to fund public services Public services is a term usually used to mean services provided by government to its citizens, either directly (through the public sector) or by financing private provision of services. , such as police and fire protection, street cleaning and road work. "Compared with what's been going on statewide, to hold your own is good," said David Gougis, senior administrative analyst for the City of Pasadena. That city's sales tax revenue in fiscal 1992-93 dipped only 2.5 percent to $19.4 million from $19.9 million in fiscal 1991-92. But revenues in most cities are still way down from what they were during fiscal 1990-91, before the local retail industry was pummeled by the Southland's recession. Revenue in some cities dropped by double-digit percentage points in fiscal 1992 from the previous year. Fiscal years for cities in L.A. County end June 30. Derek Hanway, director of finance for the City of Alhambra, said he is satisfied sales tax revenues there didn't tumble again. "It was fairly good this year compared to what it could have been," he said. Alhambra's sales tax revenue increased 1.6 percent in fiscal 1993 to $6.4 million from $6.3 million in fiscal 1992. In comparison, revenue had dropped 14 percent in fiscal 1992 from $7.4 million the previous year. The cities of Glendale, Compton and Inglewood likewise reported little change in sales tax revenue from fiscal 1992 to fiscal 1993. "It appears we have bottomed out, but we're not back to where we originally started out," said Glendale's director of finance, Brian Butler. Glendale's fiscal 1993 revenues were $18.2 million, in comparison with $17.9 million in fiscal 1992 and $19.1 million in fiscal 1991. Sales tax revenue in the City of L.A. fell by 1.2 percent to $267.2 million from $270.4 million between fiscal 1992 and fiscal 1993, the third consecutive drop, said city finance specialist Rex Olliff. Revenue had peaked in fiscal 1990 at $297 million. "There's no doubt about it. It's the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, economy," Olliff said. This is the first time revenue has declined three years in a row, he added. Sales tax revenue "is a mirror of the economy. It has to turn around to get anything else going," he said. Retailers opening up and shutting down shop affected sales tax revenues in the county's smaller cities. Revenues in South Gate surged 14.3 percent from fiscal 1992 to fiscal 1993, partly because a couple of new auto dealerships opened in the city. The year before, South Gate was battered and bruised by car dealership This article is about car dealerships. For the indie pop band, see Dealership (band). A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or closures, including Pete Ellis' outlets, and sales tax revenue fell 14.3 percent vs. fiscal 1991. But during fiscal 1993, revenues leaped nearly to their previous levels, climbing 14.3 percent to $4.8 million. The resurgence can be partly attributed to the opening of two new auto dealerships, Llovio Ford and South Gate Dodge, said South Gate Redevelopment Project Manager Eugene Moy. In addition, a National Lumber store that was doing poorly was replaced with a successful Builders Emporium outlet, and Target and Pace outlets in the city probably increased their sales as well, Moy said.
City sales tax revenue
(by fiscal year, in millions)
(change from
FY92 to FY93)
City 1990-91 1991-92 1992-93 Percentage
Alhambra $7.4 $6.3 $6.4 +1.6
Beverly Hills 12.6 11.5 11.0 -4.3
Compton 4.4 4.1 4.0 -2.4
Glendale 19.1 17.9 18.2 +1.7
Inglewood 7.0 6.6 6.7 -1.5
Long Beach 30.0 26.7 25.8 -3.4
Los Angeles 292.6 270.4 267.2 -1.2
Pasadena 20.1 19.9 19.4 -2.5
Santa Clarita 11.5 10.5 11.6 +10.5
Santa Monica 16.3 15.5 16.0 +3.2
South Gate 4.9 4.2 4.8 +14.3
West Hollywood 6.6 6.5 5.6 -13.8
Meanwhile, sales tax revenue in Long Beach fell 3.4 percent because a whopping nine auto dealerships relocated to the Signal Hill Auto Mall, said Long Beach City Treasurer Richard Hilde. The dealerships that left town are Boulevard Buick, Boulevard Lincoln Mercury, Boulevard GMC GMC See: Guaranteed Mortgage Certificate Trucks, Boulevard Saab, Glenn E. Thomas Dodge, R.O. Gould Chrysler Plymouth, Long Beach Nissan, Mike Salta Pontiac and Bob Autry's Long Beach BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Hal Duensing, a commercial and retail development officer for the City of Long Beach. Long Beach Honda also plans to relocate soon to the Signal Hill Auto Mall, Duensing said, noting there are now less than half a dozen auto dealerships left in Long Beach. In Santa Clarita Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, , the Town Center Mall Town Center Mall may refer to:
The highly frequented restaurants in Santa Monica's Bayside bay·side adj. Situated very close to or on the shore of a bay: bayside cottages. District, which includes the popular Third Street Promenade The Third Street Promenade is a pedestrian street in Santa Monica, California, United States. It is considered one of the premier shopping destinations in West Los Angeles and frequently draws crowds from all over Los Angeles County. , contributed to a 3.2 percent growth of sales tax revenue, said the beach city's director of finance, Mike Dennis. The Bayside District is bordered by Second and Fourth streets on the east and west and by Wilshire Boulevard Wilshire Boulevard is one of the principal east-west arterial roads in Los Angeles, California, United States. It was named for H. Gaylord Wilshire (1861-1927), an Ohio native who made and lost fortunes in real estate, farming, and gold mining. and Colorado Avenue on the north and south. Revenue there increased to $16 million from $15.5 million in fiscal 1992. But consumers didn't spend as much at the posh shops in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. during fiscal 1993 as they did a year earlier. Sales tax revenue fell 4.3 percent to $11 million from $11.5 million in fiscal 1992. Tourism dipped following last year's riots and the overall poor Southland economy didn't help matters, explained Beverly Hills' director of finance, Don Oblander. Neighboring neigh·bor n. 1. One who lives near or next to another. 2. A person, place, or thing adjacent to or located near another. 3. A fellow human. 4. Used as a form of familiar address. v. West Hollywood West Hollywood A community of southern California northeast of Beverly Hills. It is mainly residential. Population: 36,600. is feeling the pinch as construction activity continues to drag and the design industry, so vital to that city, suffers, said the city's revenue manager, Dave Hatcher. Sales tax revenue there fell 13.8 percent to $5.6 million in fiscal 1993 from $6.5 million the year before. Meanwhile, Compton was heavily damaged during the April 1992 riots, and although many new retailers have opened up since then, the city is still suffering, said City Clerk In the United States, a City Clerk is an elected or appointed official who is responsible as the official keeper of the municipal records. In some places, the Clerk may be known as the "Village Clerk" or "Town Clerk". Charles Davis Charles Davis may refer to:
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