Cities Index.
Attachment B - Payments Distributed to Macerich to Date

Victorville City Council
July 15, 2025

Document
Attachment B - Payments Distributed to Macerich to Date
Meeting
July 15, 2025
Body
Victorville City Council
Original file
87 KB
Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

ATTACHMENT B
Payments distributed to
Macerich to date
The chart below reflects the distribution of Sales Tax to Macerich since the inception of the Sales Tax Agreement in 2013. There was a steady gain in activity from 2013 until 2016, followed by several years of decline, primarily due to a loss of sales to online retailers. The total amount paid through 2023 is $3,260,879.22. With the Council's approval for this pay ment, the total through 2024 would be $3,569,721.22 out of the maximum $18.89 million threshold, with 16 years remaining in this agreement.

← All documents from this meeting