Finance Committee Meeting
April 5, 2022
City of San Leandro
Sales Tax Capture and
Gap Analysis
Highlights
Strong Sales Tax Base
Sales tax base grew during
the two years of the
pandemic from 216% to
252% of expected sales tax
revenues
Diversified Sales Tax
Base
Main sales tax categories
exceeded expectations in
2021
Positive Growth
Outlook
Sales tax growth is
positive as the economy
recovers from the
pandemic
2 Sales Tax Capture and Gap Analysis
3 Sales Tax Capture and Gap Analysis
4 Projected Growth
5 • Sales tax represents about 40% of the General Fund revenue budget
• The projected growth is positive, with more significant growth in the short term
FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26
8.2% 5.6% 3.0% 3.7% 3.2%
Thank You
6