Port Hueneme Measure U revenue down as cannabis sales fall, consultant says

Brett, a principal consultant with HDL, told the Port Hueneme City Measure U committee that the city’s combined sales and transaction-use tax receipts are down compared with the same quarter a year earlier and that the decline is driven largely by falling cannabis-related business and shifts in online sales allocations.

HDL’s analysis, presented at the committee’s quarterly meeting, found Port Hueneme’s second quarter 2025 combined tax receipts were about 8% lower than second quarter 2024 while the state overall was up roughly 0.5% and Ventura County about 1.2%. ‘‘The pools are typically the second or third largest group in almost every agency throughout the state,’’ Brett said, describing how the AB 147 and the Wayfair-related changes increased online-sales pool allocations beginning in 2019 and 2020.

Why it matters: sales tax is the city’s largest revenue source. City staff said sales tax makes up about 23% of general fund revenue and that Measure U alone accounts for roughly 11% of the general fund. HDL told the committee Measure U receipts for fiscal 2024–25 totaled $3,000,001.76…