Collections through September 2015 Sales through June 2015 (2015Q2)

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1 STXLocationLogo Sales Tax Digest Summary CALIFORNIA S ECONOMIC OUTLOOK Collections through September 2015 Sales through June 2015 (2015Q2) California sales tax receipts increased by 3.8% over the same quarter from the previous year, with Northern California reporting a 3.5% increase compared to 4.0% for Southern California. Receipts for the changed by -.2% over the same periods. The Gap in Inflation between Goods and Services may widen. Because goods account for the bulk of international trade, a stronger dollar keeps prices for goods lower. Sharp appreciation of the dollar over the last three quarters may push the prices of goods even lower in the next few months, widening the gap and impacting Sales Tax Revenues. (Federal Reserve Bank of Cleveland) California Gasoline Prices are heading even lower and may continue into The statewide price of $3.07 is 18% lower than the $3.73 per gallon price from this same time last year. (SJ Mercury News) ecommerce Revenue for 2015 will be $ billion, and is expected to grow by an average 8% a year to $ billion by (statista) 56% of retail shoppers say their first stop when researching a purchase is a search engine (Pricewaterhouse Coopers) and 84% use mobile phones in stores. (Deloitte & Touche) LOCAL RESULTS Net Cash Receipts Analysis Local Collections $ Share of County Pool (40.98%) Share of State Pool (.09%) 1083 SBE Net Collections Less: Amount Due County 0.0% 0 Less: Cost of Administration Net 2Q2015 Receipts Net 2Q2014 Receipts Actual Percentage Change -.2% Business Activity Performance Analysis Local Collections $ Less: Payments for Prior Periods (13528) Preliminary 2Q2015 Collections Projected 2Q2015 Late Payments Projected 2Q2015 Final Results Actual 2Q2014 Results Projected Percentage Change 3.1% (800) Page 1

2 HISTORICAL CASH COLLECTIONS ANALYSIS BY QUARTER TOP 25 SALES/USE TAX CONTRIBUTORS The following list identifies s Top 25 Sales/Use Tax contributors. The list is in alphabetical order and represents sales from May 2014 to June The Top 25 Sales/Use Tax contributors generate 45.5% of s total sales and use tax revenue. ACME RIGGING COMPANY NOR CAL GASOLINE CHEVRON SERVICE STATIONS NORTHERN AGGREGATES EEL RIVER FUELS PACE SUPPLY CORP. GRANITE CONSTRUCTION COMPANY RALEY'S SUPERMARKET GUALALA SUPERMARKET REDWOOD EMPIRE RVS HARVEST MARKET REDWOOD MARKET LIGHTELS FUEL & FOOD SILVER'S AT THE WHARF/ANCHOR LONG VALLEY MARKET TESORO SERVICE STATIONS M & M FEED & SUPPLY THURSTON AUTO PLAZA MENDO MILL & LUMBER COMPANY THURSTON HONDA MENDOCINO FOREST PRODUCTS CO. WANESHEAR TECHNOLOGIES MOTOSPORTS OF UKIAH WEATHERTOP NURSERY NAVARRO VINEYARDS (800) Page 2

3 HISTORICAL SALES TAX AMOUNTS The following chart shows the sales tax level from sales through June 2015, the highs, and the lows for each segment over the last two years. ANNUAL SALES TAX BY BUSINESS CATEGORY (800) Page 3

4 FIVE-YEAR ECONOMIC TREND: Business To Business PER CAPITA BY BUSINESS SEGMENT This chart shows sales tax per capita from business segments from April 2014 to March (800) Page 4

5 FINAL RESULTS: January-March 2015 Sales Local Net Cash Collections $ Less: Pool Amounts ($131784) Less: Prior Quarter Payments ($69312) Add: Late Payments $15121 Local Net Economic Collections after Adjustments $ Percent Change from January-March 2014 Sales UP BY 4.3% MUNISERVICES ON-GOING AUDIT RESULTS This Quarter $ Total to Date $ (800) Page 5

6 CITY OF MENDOCINO COUNTY TOTAL CITY $4,985,204 ALL OTHERS 17% SERVICE STATIONS 18% BLDG.MATLS-WHSLE 5% AUTO PARTS/REPAIR 4% HEAVY INDUSTRY 5% MISCELLANEOUS RETAIL 5% ENERGY SALES 5% AUTO SALES - NEW 12% FOOD PROCESSING EQP 4% FOOD MARKETS 10% FLORIST/NURSERY 4% RESTAURANTS 11% BENCHMARK YEAR ENDING SECOND QUARTER 2015

7 CITY OF MENDOCINO COUNTY HISTORICAL SALES TAX REVENUE PERFORMANCE $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 2Q2010 4Q2010 2Q2011 4Q2011 2Q2012 4Q2012 2Q2013 4Q2013 2Q2014 4Q2014 2Q2015 BENCHMARK YEAR QUARTERLY BENCHMARK YEAR ENDING SECOND QUARTER 2015

8 CITY OF MENDOCINO COUNTY TOP 10 ECONOMIC SEGMENTS $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 2Q2012 3Q2012 4Q2012 1Q2013 2Q2013 3Q2013 4Q2013 1Q2014 2Q2014 3Q2014 4Q2014 1Q2015 2Q2015 SERVICE STATIONS AUTO SALES - NEW RESTAURANTS FOOD MARKETS MISCELLANEOUS RETAIL BLDG.MATLS-WHSLE HEAVY INDUSTRY ENERGY SALES FLORIST/NURSERY FOOD PROCESSING EQP BENCHMARK YEAR ENDING SECOND QUARTER 2015

9 CITY OF MENDOCINO COUNTY HISTORICAL SALES TAX REVENUE PERFORMANCE $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 2Q2012 3Q2012 4Q2012 1Q2013 2Q2013 3Q2013 4Q2013 1Q2014 2Q2014 3Q2014 4Q2014 1Q2015 2Q2015 TRANSPORTATION FOOD PRODUCTS BUSINESS TO BUSINESS GENERAL RETAIL CONSTRUCTION MISCELLANEOUS BENCHMARK YEAR ENDING SECOND QUARTER 2015