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Monterey sales‑tax receipts up 7.4% in Q2 2025; casual dining, apparel and electronics lead gains
Summary
City staff reported Monterey sales‑tax receipts rose 7.4% in April–June 2025 compared with the previous year; casual dining, hotels, family apparel and electronics showed notable increases while service stations declined.
The committee received a sales‑tax update for calendar‑year Q2 (April–June 2025). Raphaela, finance staff, reported that Monterey’s receipts were up 7.4% in Q2 compared with the same quarter in 2024 and that the city’s net receipts for the sales period were 14.2% above the comparable sales period in 2024.
Raphaela highlighted sector changes: casual dining up about 8%; hotels up roughly 11.4%; family apparel up ~29%; electronics up ~23%; and service stations down about 5.5%. She noted some movement reflects timing anomalies (catch‑ups or shifted payments) and that category rankings are presented alphabetically to preserve confidentiality of top producers.
Committee members discussed potential drivers, including a local service station being temporarily out of commission and the forthcoming opening of Highway One, which may affect future receipts. The committee voted unanimously to receive the sales‑tax report.
