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Concord California Sales Tax Update 2013

Concord California Sales Tax Update 2013

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Published by Bill Gram-Reefer
The City of Concord California releases Sales Tax data t document how Measure Q sales tax dollars may (or not) have helped bnuild revenues.
The City of Concord California releases Sales Tax data t document how Measure Q sales tax dollars may (or not) have helped bnuild revenues.

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Published by: Bill Gram-Reefer on Sep 24, 2013
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11/07/2013

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www.hdlcompanies.com|888.861.0220
In Brief 
Sales Tax
Update
 T
op
25 p
roducers
In Alphabetical Order 
R
eceipts from rst quarter sales
were 7.2% above the same sales
period one year earlier but onetime
reporting aberrations skewed the
data. Excluding anomalies, actual
sales grew 6.2%.
C
ash receipts were up in all but twoof the seven major industry groups
tracked by the city. New motor vehi-cle sales extended their recent post-
recession run and caused most of the increase in the autos and trans
-
portation group. Temporary report
-
ing aberrations sharply inated thebuilding and construction compari
-
son by cutting year-ago receipts inthe contractor and lumber/buildingmaterials groups. Strong sales of family apparel, specialty goods andfurniture added to general consum
-er proceeds. A combination of new
business openings and retroactiveaccounting adjustments lifted foodand drug totals. Business closeoutsheld the restaurant category to mod
-est gains.
F
uel and service stations and busi
-
ness and industry results were downbut net of accounting adjustments,
both exceeded year-ago totals.
R
evenues from the city’s voter-ap
-
proved Measure “Q” were up 8.5%compared to the comparison quar 
-
ter. First quarter receipts for Mea
-
sure “Q” totaled $2,479,975, whichwas a $194,116 increase over the
year-ago period.
N
et of payment adjustments, all of Contra Costa County increased 5%;statewide sales grew 6.5%. Acura of Concord Ashby Lumber  Audi of ConcordBMW/Mini Cooper 
of ConcordChevronConcord ChevroletConcord HondaConcord Kia &
Mitsubishi
Concord Nissan
Concord Toyota/Scion
CostcoDolans Concord
Lumber Financial ServicesVehicle Trust
Frys Electronics
Future Ford LincolnHyundai
Home Depot
Lehmers Buick/Pontiac/GMCLexus of Concord
LowesMacys
Neillo InnitiOrchard Supply
Hardware
SafewaySears
Willow Pass Arco
Second Quarter Receipts for First Quarter Sales (January - March 2013)
Q1
2013
City of Concord
Concord
Published by HdL Companies in Summer 2013
$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000
S
ALES
T
AX BY
M
AJOR 
B
USINESS
G
ROUP
1st Quarter 20121st Quarter 2013
 
FoodandDrugsFuel andServiceStationsRestaurantsandHotelsBusinessandIndustryBuildingandConstructionGeneralConsumer GoodsAutosandTransportation
EVENUE
C
OMPARISON
Four Quarters – Fiscal Year To Date
$26,590,186$24,426,06212,0368,0093,129,5863,072,844$23,448,564$21,345,208
2012-132011-12
(610,652)(664,755)$(6,481,358)$(5,953,853)
$23,815,410 $25,925,431
Cty/Cnty ShareNet ReceiptsPoint-of-SaleCounty PoolState PoolGross ReceiptsLess Triple Flip*Measure Q
$9,531,752 $10,685,916
*Reimbursed from county compensation fund 

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