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Q1 2025*
Q1 2026*
Legend
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
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 Summer 2026
All American Asphalt
Amazon Com Services
Amazon MFA
American Electric
Supply
CardinaleWay Hyundai
Chevron
Circle K
Corona Nissan
Costco
Duralum Products
Ganahl Lumber
Guest Supply
Home Depot
Liberty Glass Fabricators
Robertsons Ready Mix
Ross
Sams Club w/ Fuel
South Coast Fire
Equipment
Spreen Honda Corona
Target
Toyota Of Corona
US Foods
Vulcan Materials
Walmart Supercenter
West Coast Copper
Supply
SALES TAX UPDATE
CITY OF CORONA
1Q 2026 (JANUARY - MARCH)
Corona’s receipts from January through
March were 2.8% higher than the first
sales period of 2025. After adjusting
for reporting anomalies, actual sales
increased 1.6%.
Overall results were supported by the
recent opening of a new auto dealership
in Corona and significantly stronger sales
activity at another dealership.
Sales of building and construction
materials rebounded from recent
softness, with local performance
exceeding the statewide trend. In
addition, pool allocations benefited from
a statewide taxpayer reporting change.
However, part of these gains was offset
by lower allocations from the fuel and
service station sector following a change
in business ownership that redirected
sales tax reporting outside the City,
as well as reduced receipts from the
business and industrial category due
primarily to the relocation of a local firm.
The City’s voter approved district tax,
Measure X, outpaced the previously
discussed Bradley Burns tax results,
supported by strong sales of contractor,
plumbing, and electrical supplies tied to
local projects. Net of anomalies, taxable
sales in Riverside County grew 2.7%,
while the Southern California region was
up 4.0%.
TOTAL:
4.5%
$10,517,851
Measure X
TOTAL: $ 13,885,834
1.6% 2.7% 4.0%
COUNTY STATE
CORONA
1Q2026
TOP NON-CONFIDENTIAL BUSINESS TYPES
Q1 '26*
Corona
Business Type Change Change Change
County HdL State
Contractors 2,205.1 2.5% -2.4% 4.2%
Fulfillment Centers 1,118.0 3.0% 9.0% 13.7%
Discount Dept Stores 925.5 2.3% 4.6% 4.3%
New Motor Vehicle Dealers 902.9 21.5% 5.6% -0.5%
Building Materials 686.1 -3.1% -8.4% -3.7%
Service Stations 656.9 8.7% 1.0% 1.1%
Heavy Industrial 637.0 7.6% 15.9% 2.6%
Casual Dining 601.3 2.3% 1.6% 4.1%
Plumbing/Electrical Supplies 546.6 24.5% 2.7% -1.5%
Quick-Service Restaurants 459.4 -0.7% 3.2% 1.9%
*Allocation aberrations have been adjusted to reflect sales activity *In thousands of dollars
REVENUE BY BUSINESS GROUP
Corona This Quarter*
12%
Cons.Goods
3%
Food/Drug
5%
Fuel
15%
Pools
9%
Restaurants
12%
Autos/Trans.
25%
Building
20%
Bus./Ind.
*ADJUSTED FOR
ECONOMIC DATA
1Q 2026 CITY OF CORONA SALES TAX UPDATE
STATEWIDE RESULTS
California’s local one cent sales and use
tax receipts posted moderate growth
during the first quarter, reflecting resilient
consumer behavior despite persistent
economic headwinds. For the months
of January through March, revenues
increased 4% from the year ago quarter
after adjusting for accounting anomalies.
Strong consumer spending patterns did
not falter and was the main reason of
growth, partially enhanced by larger-thanexpected income tax refunds. Both online retailers and brick and mortar merchants
experienced dynamic changes over
last year that far exceed expectations.
E-commerce remains the platform of
choice providing convenience, broad
product availability, and flexible payment
options – benefitting the business-industry
sector and allocations via the countywide
use tax pool. Family apparel and discount
department stores both boosted general
consumer goods the most, with a slight
bump in gas prices further pushing returns
from multiple vendors.
Patronage at restaurants resulted in a
4.2% year over year jump. With demand
constrained due to increasing pricesensitivity and slower foot traffic, gains by all types of eateries signaled underlying
resolve to dine out. Temporary events
further contributed to the positive
outcome – Southern California wildfires
hindered 2025 and the Super Bowl lifting
2026.
The first quarter also included the initial
impacts of elevated tensions in the Middle
East which drove West Texas Intermediate
crude oil prices above $95 per barrel.
This had an immediate impact on local
gas prices resulting in a modest bump to
receipts from gas stations and created
large amounts of uncertainty. Recently,
the conflict appears to have subsided with
the Strait of Hurmuz reopened reducing the
possibility of future strain.
Autos-transportation posted a nominal
gain in first quarter 2026, as higher average
transaction prices offset weaker unit sales.
These price increases reflected tariff
impacts reaching consumers after months
of absorption by automakers, along with
rising material costs. As in the prior quarter,
the transition to the new DMV payment
system for used vehicle dealers under AB
85 modestly reduced cash receipts, with
adjustments still pending.
Overall, the short-term outlook remains
cautiously optimistic. Normal consumer
spending combined with multiple host sites
of World Cup matches and corresponding
tourism should sustain growth, albeit
varied regionally. The Middle East conflict
temporarily resulted in $6 per gallon
average peak pricing during the start of the
summer months. The forecast is coupled
with a national inflation rate anticipates
an upward trend leaving little room for the
Federal Reserve to alter interest rate in a
favorable way for consumers, potentially
slowing down the retail economy.