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Sales-tax update: Monterey's initial 6.6% rise before adjustments leads to flat year-over-year Q3 result
Summary
Rafaela presented Q3 (July–September 2025) sales-tax results showing an initial 6.6% increase for Monterey before HDL adjustments that left the city flat year-over-year; restaurants made up the largest share (about 42%); committee members asked about a top-25 producer and how county 'pools' affect distributions.
Rafaela summarized the quarter-to-quarter sales-tax comparison for July through September 2025 versus 2024. She said the statewide 1% sales-tax growth was about 1.9%, the county was up about 3% and Monterey initially showed a 6.6% increase before HDL adjustments reduced the reported growth to essentially flat for the year.
She explained that…
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