Cities Index.
2025-03-17_ATT_1 - Measure CC & C Status Report Q1 FY25.pdf

City Council Meeting Agenda
March 17, 2025

Document
2025-03-17_ATT_1 - Measure CC & C Status Report Q1 FY25.pdf
Meeting
March 17, 2025
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City Council Meeting Agenda
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Text extracted from the city's file for reading and search. Open the original on culver-city.legistar1.com. That file is the official record.

www.hdlcompanies.com | 888.861.0220
Q3 2023*
Q3 2024*
Legend
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
SALES TAX BY MAJOR BUSINESS GROUP*Allocation aberrations have been adjusted to reflect sales activity Fuel and
Service
Stations
Food
and
Drugs
Building
and
Construction
Autos
and
Transportation
Business
and
Industry
Restaurants
and
Hotels
General
Consumer
Goods

CULVER CITY DISTRICT TAXES HIGHLIGHTS
Published by HdL Companies in Winter 2025

DISTRICT TAXES UPDATE

CULVER CITY MEASURE CC AND C
3Q 2024 (JULY - SEPTEMBER)

DISTRICT TAX BY MAJOR BUSINESS GROUP
Culver City Measures C and CC’s receipts from July through September were 3.2% below the third sales period in 2023. Cash comparisons skewed lower due to larger than expected numbers of statewide missing taxpayer returns. Excluding reporting aberrations, actual sales were flat.

Residential car acquisitions from new dealerships across the region dropped 15%; buyers avoided higher priced luxury brands, some potential owners could not afford elevated borrowing costs. As fuel pump prices receded and consumption declined, service stations remitted 7% fewer taxes.

General consumer goods declined 3% overall; weaker sales from shoe and specialty stores along with smaller payments by discount department stores, some who sell gasoline, explain this contraction.

Building-construction retracted 6%; contractors stayed busy, however, plumbing/electrical suppliers sold less merchandise.

Like sales taxes, food-drug’s 14% growth was primarily opening new wine shops over the past year. Solid gains from motion picture equipment, light industrial and medical/biotech companies boosted business-industry collection by 9%.

Casual venues, fast casual restaurants grew; also, food delivery/ catering rose 10% that helped the restaurants-hotels group achieve a positive outcome.

Taxable sales for all of Los Angeles County declined 2.7% over the comparable period; the Southern California region was down 2.3%.

TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
TOTAL: $2,699,713

CULVER CITY MEASURE CC
TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
-0.1%
3Q24
-0.2%
3Q24
TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
TOTAL: $ 2,699,713
-0.1% -2.3%
STATE

CULVER CITY MEASURE CC
3Q2024
Revenue Comparison (Actual to Adopted Budget)
YTD Actual Collections net Admin Adopted FY 24/25 YTD % Budget Sales Tax 5,614,841 24,764,990 23 %
District Tax 3,924,997 17,086,883 23 %

CULVER CITY MEASURE C
TOTAL: $1,349,224

TOP NON-CONFIDENTIAL BUSINESS TYPES
Q3 '24*
Culver City Measure CC
Business Type
HdL State
Change Change
415.5 -6.2% -4.3%Discount Dept Stores
210.8 2.0% 1.1%Casual Dining
134.7 -7.3% -12.8%Service Stations
123.9 3.3% -5.1%Electronics/Appliance Stores
121.0 -14.4% -7.9%New Motor Vehicle Dealers
114.7 -3.0% -5.0%General Merchandise
106.3 -2.2% -2.9%Specialty Stores
103.8 -0.1% 1.1%Quick-Service Restaurants
100.2 0.6% -0.2%Family Apparel

97.5 -1.4% -5.2%Department Stores
*Allocation aberrations have been adjusted to reflect sales activity *In thousands of dollars $0
$4,000
$8,000
$12,000
$16,000
Culver City
Measure CC
Q3
21 Q3
24 Q3
22 Q3
23 California
SALES PER CAPITA*
*ADJUSTED FOR

ECONOMIC DATA
DISTRICT TAXES UPDATECULVER CITY3Q 2024
7-Eleven
Amazon Fulfillment Services
Amazon MFA
Arco
Best Buy
Bestbuy Com
Conserv Fuel
Costco
Culver19
Foot Locker
Howard Industries
In N Out Burger
JC Penney
Macy’s
Melrose Mac
Nordstrom Rack
Ross
Sephora
Target
TJ Maxx
Total Wine & More
Trader Joe’s
Uber Eats
Vons
Wolfgang Puck Catering & Events
TOP 25 DISTRICT TAX PRODUCERS

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