Sales Tax Update
1st Quarter 2024
(Jan.-Mar. 2024 vs Jan.-Mar. 2023 Results)
City of Corona
Bradley-Burns Regional Report
1Q24 Adjusted* Sales Tax Growth
Region
1Q24 vs 1Q23 %
Change
Corona +2.6%
Riverside County -0.3%
Southern California +0.1%
California -0.2%
*Adjusted indicates that where there are aberrations associated with payment timing, the payment is presented in the quarter in which the sales transaction occurred, not when the cash was received, to better reflect underlying economic activity and results.
Corona Major Industry Group Performance
1Q24 Change in Adjusted Sales Tax by Category (vs 1Q23) +$0.3M / +2.6% Overall
CORONA MAJOR INDUSTRY GROUPS (4 Largest)
CORONA MAJOR INDUSTRY GROUPS (Remaining 4)
Regional Comparison
Per Capita Adjusted Sales Tax Graph
City Comparison 1
Per Capita Adjusted Sales Tax Graph
City Comparison 2
Per Capita Adjusted Sales Tax Graph
Corona Long-Term Sales Tax Trend
Adjusted Point-of-Sale Receipts: 13-quarter trend: +26.8% FPO
Corona Measure X (Adjusted results)
Last Four-Quarters: $43.1M
(71.5% of Bradley-Burns Tax Receipts)
FPO