www.hdlcompanies.com | 888.861.0220
Q3 2024*
Q3 2025*
Legend
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
SALES TAX BY MAJOR BUSINESS GROUP *Allocation aberrations have been adjusted to reflect sales activity Building
and
Construction
Business
and
Industry
County
and State
Pools
General
Consumer
Goods
Autos
and
Transportation
Restaurants
and
Hotels
Fuel and
Service
Stations
Food
and
Drugs
CITY OF CORONA HIGHLIGHTS TOP 25 PRODUCERS
Published by HdL Companies in Winter 2026
Agile Sourcing Partners
All American Asphalt
Amazon Com Services
Amazon MFA
American Electric
Supply
CardinaleWay Hyundai
Corona Nissan
Costco
Culver Newlin
Downs Energy
Duralum Products
Ganahl Lumber
Guest Supply
Home Depot
Robertsons Ready Mix
Robertsons Ready Mix
Sams Club w/ Fuel
Spreen Honda Corona
Supply Patriot
Target
Toyota Of Corona
Vulcan Materials
Walmart Supercenter
We Do Equipment
Repair & Supply
West Coast Copper
Supply
SALES TAX UPDATE
CITY OF CORONA
3Q 2025 (JULY - SEPTEMBER)
Corona’s receipts from July - September
were 2.0% below the third sales period
in 2024. After adjusting for reporting
irregularities, actual sales declined 1.6%.
Statewide construction activity remained
slow, challenged by housing affordability
concerns and economic uncertainty. This
contributed to lower tax revenue from
the sale of building materials, contractor,
plumbing/electrical supplies during the
quarter.
Local business-industry revenue was
impacted by a lower payment from a
local supplier compared to an unusually
large payment in the prior year,
combined with a partial payment from a
local heavy industrial supplier.
Positive developments included a higher
allocation from the countywide use tax
pool, boosted by regional energy/utility
related investments.
Measure X, the City’s voter approved
district tax, exceeded Bradley Burns
returns discussed earlier, driven by strong
local auto transportation spending and
retail ecommerce activity.
After adjusting for irregularities, taxable
sales for all of Riverside County grew
2.5% compared to the same period
last year, while the Southern California
region increased 1.8%.
TOTAL:
4.1%
$11,067,416
Measure X
TOTAL: $ 15,122,452
-1.6% 2.5% 1.9%
COUNTY STATE
CORONA
3Q2025
TOP NON-CONFIDENTIAL BUSINESS TYPES
Q3 '25* Change Change Change
County HdL State
2,680.3 -4.6% -2.9% -0.7%
941.5 -1.8% -1.0% -1.2%
849.0 7.0% 4.6% 0.9%
720.1 -3.4% -0.7% -2.6%
622.2 -3.8% -4.8% -5.7%
577.3 -2.1% -0.3% -1.1%
561.7 -6.3% 4.4% 0.8%
548.9 2.9% 1.7% 0.7%
475.0 -3.6% -0.3% -1.8%
Corona
Business Type
Contractors
Discount Dept Stores
New Motor Vehicle Dealers
Building Materials
Service Stations
Plumbing/Electrical Supplies
Heavy Industrial
Casual Dining
Quick-Service Restaurants
Grocery Stores
*Allocation aberrations have been adjusted to reflect sales activity *In thousands of dollars 232.1 -2.1% -3.1% -3.1%
REVENUE BY BUSINESS GROUP
Corona This Quarter*
11%
Cons.Goods
3%
Food/Drug
7%
Fuel
15%
Pools
8%
Restaurants
10%
Autos/Trans.
26%
Building
20%
Bus./Ind.
*ADJUSTED FOR
ECONOMIC DATA
3Q 2025 CITY OF CORONA SALES TAX UPDATE
STATEWIDE RESULTS
California’s local one-cent sales and use tax
receipts for July through September were
1.8% higher than the same quarter last year,
after adjusting for accounting anomalies.
While growth appears modest, calendar
year 2025 remains on pace to rebound
following two years of declines. Combined
with second-quarter activity, the summer
period posted a 1% improvement over the
2024 season.
Sustained consumer trends reflected a
willingness to spend while remaining costconscious and prioritizing value. Online retailers, reporting to both businessindustry and countywide use tax pools (depending on inventory location at
purchase), recorded the strongest gains.
This momentum extended to brick-andmortar retailers, which also posted modest improvements. Seasonal “back-to-school”
activity boosted men’s and family apparel
along with shoe stores, lifting the General
Goods sector and enhancing expectations
for the upcoming holiday shopping period.
Tax receipts from restaurants edged higher,
supported by households’ continued desire
to eat out. Despite balancing higher menu
prices, tip fatigue, and tighter margins,
casual dining establishments generated the
largest gains. Overall, summer performance
appeared stable but lacked the tourism
surge many had hoped for.
Offsetting positive results was a decline
in revenue from fuel/service stations—
marking the 10th out of the last 11 quarters
with negative year-over-year change.
This trend is largely tied to West Texas
Intermediate (WTI) crude oil prices, which
hit their lowest monthly levels since 2021.
While lower gas prices may encourage
spending in other categories, potential oil
refinery closures in the coming year could
keep per-gallon prices elevated.
The food and drug sector continued its
downward trend as grocers remitted fewer
taxes, reflecting the challenge of generating
taxable revenue amid rising food prices.
Drug store filings have declined throughout
the year, driven partly by increased access
to medications through ecommerce
platforms and a contraction in physical store
footprints due to over-saturation and chain
bankruptcies.
Two sectors poised to benefit from
lower short-term interest rates—autos/
transportation and building/construction—
repeated a pattern of lackluster returns.
A minor uptick came from new auto
sales and leasing, while building material
suppliers struggled during the summer, likely
creating pent-up demand for repairs and
improvements ahead.
With the Federal Reserve considering
additional rate changes in early 2026,
optimism for improved consumer financing
conditions and stronger sales tax receipts
remains. As national tariff and trade talks
ease, inflationary pressures will continue to
shape spending behavior. For now, calendar
year 2025 closes with sluggish but stable
performance, awaiting broader economic
shifts.