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Sales Tax Revenues. The revenue from sales tax provided approximately 11% of the City's total local
<br /> tax revenues in 1995. The following table presents information concerning taxable retail sales in Seal Beach since
<br /> 1989.
<br /> CITY OF SEAL BEACH
<br /> Trade Outlets and Taxable Sales
<br /> 1989-1993
<br /> Year Outlets Taxable Sales
<br /> 1989 583 $103,231
<br /> 1990 595 111,749
<br /> 1991 557 113,874
<br /> 1992 589 115,877
<br /> 1993 599 113,485
<br /> Source: This is the latest information available at the City
<br /> Property Tax Revenues.
<br /> The total assessed valuation of the property within the City of Seal Beach for the fiscal year 1994-95
<br /> was $1,865,791,748. The total appropriations limit adopted by the City for the fiscal year 1994-95 was
<br /> $10,602,624 and the actual appropriations subject to the limitation for the same period was $3,572,262.
<br /> CITY OF SEAL BEACH
<br /> Assessed Valuations
<br /> 1990-91 through 1994-95
<br /> Fiscal Local Total Before Total After
<br /> Year Secured Utility Unsecured RDA Increment RDA Increment
<br /> 1990-91 $1,599,211,470 $1,483,720 $61,136,941 $1,741,323,418 $1,661,832,131
<br /> 1991-92 1,690,798,436 1,679,740 84,760,065 1,864,432,281 1,777,238,241
<br /> 1992-93 1,750,478,335 1,679,740 87,872,367 1,929,723,320 1,840,030,442
<br /> 1993-94 1,803,474,767 1,679,740 69,607,452 1,963,204,372 1,874,761,959
<br /> 1994-95 1,804,388,399 1,679,740 59,723,609 1,955,464,745 1,865,791,748
<br /> Source: City of Seal Beach
<br /> B-81
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