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Item 25 - Public Hearing - Fiscal Year 2025-26 City Budget
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Item 25 - Public Hearing - Fiscal Year 2025-26 City Budget
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6/3/2026 11:49:31 AM
Creation date
5/28/2025 5:17:02 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25
Date
6/3/2025
Destruction Year
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The Local Sales Tax became effective on April 1, 2019, resulting in only three months of revenue <br />collections during FY18-19. There are some key differences in how Local Sales Tax (Measure X) and the <br />Bradley-Burns sales tax are collected. Notably, the City receives a larger benefit from online sales with <br />the local add-on tax. As a result, Local Sales Tax (Measure X) revenues did not experience the same level <br />of decline during the COVID-19 pandemic in FY19-20, as online sales increased during that period. Similar <br />to the Bradley-Burns allocation, Local Sales Tax (Measure X) has shown modest growth in recent years <br />and has remained relatively flat. <br />81
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