www.hdlcompanies.com | 888.861.0220
Q2 2021*
Q2 2022*
Legend
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
SALES TAX BY MAJOR BUSINESS GROUP *Allocation aberrations have been adjusted to reflect sales activity County
and State
Pools
Fuel and
Service
Stations
Building
and
Construction
Restaurants
and
Hotels
Business
and
Industry
Food
and
Drugs
Autos
and
Transportation
General
Consumer
Goods
CITY OF FORTUNA HIGHLIGHTS TOP 25 PRODUCERS
Published by HdL Companies in Fall 2022
Ace Hardware & Garden
Beverage Plus Foods
Cigarette Payless
Dollar General
Eel River Brewing
Forbusco Lumber
Fortuna Chevron
Fortuna Gas 4 Less
Grocery Outlet
Hummel Tire & Wheel
Les Schwab Tire Center
McDonalds
Mercer Fraser
Peterson Tractor
Ray’s Quality Cars
Rite Aid
Safeway
Sequoia Gas
Sunbelt Rentals
Tractor Supply
United Petrol
Valley Pacific Petroleum
Services
Village Sport & Cycle
Walgreens
Wyckoff Plumbing
SALES TAX UPDATE
CITY OF FORTUNA
2Q 2022 (APRIL - JUNE)
Fortuna’s receipts from April through
June were 14.3% below the second
sales period in 2021. Excluding reporting
aberrations, actual sales were down
10.3%.
Concerns of recession, plus inflationary
effects on the cost of commodities,
pushed tax payments across numerous
categories lower.
The largest dollar loss came from garden/
agricultural companies as sales plunged
38%; opening of a new warehouse/
farm/construction equipment supplier in
the region adversely effected this sector
which declined 39%.
Segments within the buildingconstruction and food-drugs groups assisted fewer customers, returns
decreased 15% and 7%, respectively.
Even though casual dining was
up, patronage fell at quick service
restaurants.
The 8% improvements from fuel-service
stations captured exceptionally higher
pump prices.
A reduction in Measure E local
transactions taxes revealed similar
results; activity was down in building,
general retail and business based
companies; residents bought fewer
vehicles.
TOTAL:
-7.9%
$496,449
Measure E
TOTAL: $ 553,413
-10.3% -13.3% 10.1%
COUNTY STATE
FORTUNA
2Q2022