Page 61 - FY 2022-23 Revenue Outlook

$2,302,122 2,494,747 3,045,666 6,320,584 1,523,470 2,774,916 4,585,480 2,903,295 4,462,925 $30,413,205 9,241,031 $39,654,237 -21.0% -8.5% -3.5% 25.1% 5.6%

2020 $157,737,984 $706,756,521

$3,392,114 2,908,563 3,003,306 10,214,928 1,879,295 2,633,786 4,920,618 4,634,896 4,686,277 $38,273,783 11,900,668 $50,174,451 1.4% 3.8% 3.7% 29.1% 6.8%
2019 $172,313,603 $732,756,903

$3,358,528 2,901,449 2,965,281 9,704,572 1,994,456 2,604,998 4,953,943 4,577,433 4,582,036 $37,642,695 11,862,801 $49,505,496 6.0% 3.6% 4.3% 29.8% 7.0%
2018 $166,023,796 $706,835,201

Sales Tax Taxable Sales Categories for the City by Calendar Year (Thousand Dollars) 2017 $3,211,811 2,858,495 2,909,253 9,273,985 1,961,481 2,473,704 4,622,056 3,973,137 4,292,008 $35,575,932 11,140,929 $46,716,861 3.4% $160,280,130 3.3% $677,823,493 3.7% 29.1% 6.9% Since the recovery from the Great Recession, taxable sales growth in the City has lagged behind the County and the State. While this trend appeared to end in 2018, lower receipts in

2016 $3,201,152 2,812,550 2,781,425 8,775,092 1,945,181 2,384,196 4,769,093 3,670,451 4,229,201 $34,568,339 10,624,426 $45,192,765 2.1% $155,155,641 2.1% $653,856,259 2.4% 29.1% 6.9% represent a share of State and countywide taxable sales that has declined from previous calendar years. Source: California Department of Tax and Fee Administration Annual Taxable Sales Data

Apparel stores General merchandise stores Food stores Eating and drinking establishments Home furnishings and appliances Building materials and farm implements Auto dealers and auto supplies Service stations Other retail stores Retail Stores Total All other outlets Total All Outlets % change from prior year L.A. County Taxable Sales % change from prior year State Taxable Sales % change from prior year City as % of County City as % of State