TAXABLE SALES RISE 5% IN CITY GAIN HELPS MUNICIPAL SERVICE.Byline: Heather MacDonald Staff Writer 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, - Despite the stumbling stumbling an abnormal gait in which the animal does not fully extend the limb, the plantar surface is not properly placed with respect to the ground surface at the time of impact so that the limb is likely to collapse and the animal to fall. economy, city officials said Monday the amount of 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. generated by Santa Clarita's businesses jumped 5 percent from April to June as compared with the same period a year ago. City officials are planning to use the additional revenue - about $100,000 - to help Santa Clarita cope with the fiscal constraints imposed by the faltering economic recovery and the second straight year of massive state budget deficits. ``It's great news for us,'' said Steve Stark, director of administrative services for Santa Clarita. ``Clearly, Santa Clarita's economy continues to thrive even though the rest of the state is suffering.'' 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. projections released this month, California is facing a shortfall of $21.1 billion during the 2003-04 fiscal year, on top of a $6.1 billion gap this year, caused by overly optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op estimates of tax revenues. The state's nonpartisan legislative analyst, Elizabeth G. Hill, blames the deficits on the deterioration of California's economy, which has led to tax collections lower than expected, and on increased spending for new projects, including many designed to protect against future terrorist attacks. One percent of the state's 8.25 percent sales tax, which does not apply to groceries or medicine, goes to the city or county where the purchase was made. ``We're very anxious about the state's situation and what that means for the city,'' Stark said. The city's biggest area of concern is the $5.5 million it could lose if state officials decide to stop reimbursing cities for cuts made several years ago to the vehicle license fee, Stark said. Cities had received a portion of that money. The city's revenue from the sales tax makes up about 40 percent of Santa Clarita's general fund, which finances most city services The examples and perspective in this article or section may represent an unduly geographically limited view of the subject. Please [ improve this article] or discuss the issue on the talk page. , including protection by the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County sheriff's and fire departments. Reluctant to increase taxes or impose new fees on residents but unwilling to reduce the level of city services, the Santa Clarita City Council is looking to boost revenues painlessly by increasing sales tax receipts. City government's effort to increase funding is focused on urging residents to shop locally, particularly for big-ticket items big-ticket item Managed care A popular term for an expensive therapeutic or diagnostic procedure such as cars and trucks, and keep sales tax revenue in the community. The City Council spent $60,000 in 2001 on a media campaign exhorting Santa Clarita residents not to go over the hill to buy a car, and the council plans to spend $50,000 more this year. The 17 dealers on Valencia Auto Row and the dozens of stores in the Valencia Town Center generate about 25 percent of the city's sales tax revenues, Stark said. Both the mall and auto row are in the process of expanding, adding new stores and dealerships designed to cater to affluent customers with large amounts of disposable income disposable income Portion of an individual's income over which the recipient has complete discretion. To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also . CAPTION(S): Box: KEY REVENUE PROVIDERS Source: City of Santa Clarita |
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