www.hdlcompanies.com | 888.861.0220
Q4 2024*
Q4 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
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 Spring 2026
All American Asphalt
Amazon Com Services
Amazon MFA
American Electric
Supply
CardinaleWay Hyundai
Corona Nissan
Costco
Culver Newlin
Duralum Products
Ganahl Lumber
Guest Supply
Home Depot
Robertsons Ready Mix
Ross
Sams Club w/ Fuel
South Coast Fire
Equipment
Spreen Honda Corona
Stater Bros
Supply Patriot
Target
Toyota Of Corona
US Foods
Vulcan Materials
Walmart Supercenter
Zumiez
SALES TAX UPDATE
CITY OF CORONA
4Q 2025 (OCTOBER - DECEMBER)
Corona’s receipts from October through
December were 4.6% below the fourth
sales period in 2024. Excluding reporting
aberrations, actual sales were down 3.9%.
The slowdown in housing turnover likely
contributed to the declines in contractor,
building material and plumbing/electrical
supply sales.
Fuel-service station receipts were
depressed by the loss of a local supplier,
lower gasoline prices during the period
compared to the prior year, and to a
lesser extent, a misallocation that is being
pursued for correction.
A company relocation to another
jurisdiction contributed to the decline in
business-industry returns.
On the bright side, Corona’s new car
dealers posted strong results, partially
offsetting softness in other retail
categories.
Measure X, the City’s voter approved
district tax, outperformed the Bradley
Burns results previously discussed.
As a destination based tax, it was not
impacted by the relocation of the fuelservice station purveyor.
Net of aberrations, taxable sales for all
of Riverside County declined 1.0% over
the comparable time period, while the
Southern California region increased
1.0%.
TOTAL:
1.0%
$11,630,052
Measure X
TOTAL: $ 14,939,891
-3.9% -1.0% 1.2%
COUNTY STATE
CORONA
4Q2025
TOP NON-CONFIDENTIAL BUSINESS TYPES
Q4 '25*
Corona
Business Type Change Change Change
County HdL State
Contractors 2,173.7 -14.0% -12.1% -0.8%
Fulfillment Centers 1,230.4 -0.7% 2.9% 9.3%
Discount Dept Stores 1,168.9 0.3% -0.4% -0.2%
New Motor Vehicle Dealers 852.4 21.5% -3.0% -5.3%
Heavy Industrial 731.3 12.8% 13.6% 1.5%
Building Materials 640.3 -7.4% -11.9% -4.1%
Service Stations 620.2 2.3% -0.9% -2.2%
Casual Dining 562.8 -4.0% -0.7% 2.4%
Quick-Service Restaurants 485.7 -2.3% 1.0% 0.1%
Plumbing/Electrical Supplies 474.8 -12.6% -1.8% 1.6%
*Allocation aberrations have been adjusted to reflect sales activity *In thousands of dollars
REVENUE BY BUSINESS GROUP
Corona This Calendar Year*
3%
Food/Drug
6%
Fuel
15%
Pools
8%
Restaurants
10%
Autos/Trans.
25%
Building
21%
Bus./Ind.
12%
Cons.Goods
*ADJUSTED FOR
ECONOMIC DATA
4Q 2025 CITY OF CORONA SALES TAX UPDATE
STATEWIDE RESULTS
California’s local one cent sales and use tax
receipts posted moderate growth during the
fourth quarter, reflecting resilient consumer
behavior despite persistent economic
headwinds. For the months of October
through December, revenues increased 1.2%
from the year ago quarter after adjusting
for accounting anomalies. This performance
capped an overall improvement for calendar
year 2025 of 1.2%, marking a welcomed
annual increase after two consecutive years
of decline.
Consumer spending patterns during the
holiday season played a central role in the
fourth-quarter results. Fulfillment centers and
countywide use tax pools generated strong
returns, driven by sustained demand for
online shopping as cost-conscious consumers
prioritized convenience and price comparison.
This e-commerce momentum persisted
throughout the 2025 year. Traditional brickand-mortar retailers, particularly apparel and jewelry stores, also realized modest seasonal
gains, benefiting from holiday purchasing
activity.
Restaurant sales taxes rose again, although
operators reported continual pressure
from rising costs that influenced customer
behavior. Diners reduced visit frequency
and alcohol purchases, reflecting heightened
price sensitivity. While upcoming national
and global sporting events in California could
support localized growth, broader restaurant
sector expansion is expected to remain
constrained and concentrated primarily in
tourism-heavy and event-focused regions.
Energy-related initiatives produced solid
returns; however, revenue allocation
mechanisms shifted, with proceeds previously
reported directly to local agencies now
distributed through county pools during the
current period.
In contrast, the autos-transportation and
building-construction sectors remained
subdued. Elevated interest rates, seasonal
purchasing patterns, and winter weather limited
activity, particularly in high-value purchases
such as vehicles and home improvement
projects. Contractors in roofing and concrete
experienced reduced productivity, reinforcing
expectations of continued stagnation in these
industries. With minimal interest rate relief
projected for 2026, significant near-term
recovery remains unlikely.
Looking ahead, emerging global risks present
growing uncertainty. While not reflected
in current results, escalating tensions in
the Middle East have driven West Texas
Intermediate crude oil prices above $100 per
barrel, translating into sharply higher gasoline
prices exceeding $6 per gallon locally. Refinery
closures across Northern and Southern
California further amplify supply pressures.
Prolonged energy price volatility could force
consumers to redirect spending toward fuel
costs, reducing discretionary expenditures in
other sectors.
Prior to these developments, short-term
economic expectations were cautiously
optimistic. However, renewed inflationary
pressure has led the Federal Reserve to delay
anticipated interest rate reductions, limiting
consumer flexibility. Stubbornly high fuel
prices may also dampen travel and tourism
through summer, leaving little room for broadbased sales tax growth in the year.