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Sales‑tax Q3: Monterey’s initial 6.6% gain largely erased after adjustments; committee approves update
Summary
Rafaela told the committee Monterey's quarter‑3 sales tax initially showed a 6.6% increase versus the prior year but that HDL adjustments and timing effects left the city effectively flat year‑over‑year; the committee approved the update and asked staff clarifying questions about confidential top producers and 'pools'.
Rafaela presented the quarter‑3 sales‑tax comparison (July–September 2025 vs. the same quarter in 2024). She said the state's 1% sales tax was up about 1.9% and the county up about 3%, while Monterey initially showed a 6.6% increase before adjustments. After HDL performed regular adjustments — correcting late filings, reassigning receipts and removing one‑time anomalies — the reported city result was effectively flat year‑over‑year.
Rafaela summarized business‑group…
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