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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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Santa Ana is home to approximately 32,000 businesses, as measured by the number of business licenses <br />issued. The City’s top 25 businesses are estimated to generate around 25% of total sales tax revenue. <br />Santa Ana has a solid retail base, anchored by the Bristol Street Business Corridor, the Main Place Mall, <br />the Santa Ana Auto Mall, and the historic downtown area, which features a vibrant mix of independent <br />restaurants and a cultural artist village. The City's overall economic base is diverse and includes major <br />industry groups such as autos and transportation, general consumer goods, business and industry, <br />restaurants and hotels, building and construction, fuel and service stations, and food and drugs. Among <br />these, general consumer goods, business and industry, and autos and transportation together account <br />for more than half of the City’s total sales tax base. <br />Unemployment <br />According to the State of California, May 2025 preliminary numbers, Santa Ana's unemployment rate is <br />3.5% (not seasonally adjusted). This is a very slight improvement from the prior year of 3.8% and a <br />significant improvement from 2020 and 2021's COVID-19 pandemic-era numbers. Since 2023, Santa Ana’s <br />unemployment rate has leveled out to a 3-year average of 3.6%. <br />6
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