ALAMEDA -- Sales tax revenue for the city's general fund increased just over 5 percent during the most recent quarter of the fiscal year compared with the previous year, or by $85,755, the City Council heard earlier this month.

Overall, about $1.6 million in taxes was generated as a result of sales transactions between April and June, with every category showing an increase except for transportation and fuel, which dropped 3 percent compared with the same period of the previous fiscal year.

The decrease in transportation and fuel taxes, which made up 20 percent of the total collected, was likely due to the drop in gasoline prices in the Bay Area, City Manager John Russo said.

The tax revenue generated by sales of general consumer goods and at hotels and restaurants increased 9 percent, totaling $273,015 and $319,254 in the two categories, respectively.

The money generated through business and industry sales taxes, the largest revenue generator, jumped 8 percent for a total of $508,056, according to Fred Marsh, the city's finance director.

The City Council received a report on the figures Dec. 17. The report was included on the council's consent calendar, or among items that are considered routine, and was passed unanimously without discussion.

The report shows that Alameda South Shore Center and the Harbor Bay Business Park generated the most sales tax revenue in the city, each accounting for 22 percent of the total collected during the period.


Advertisement

The Park Street Business District south of Lincoln Avenue brought in $201,254, an increase of about 7 percent compared with the previous fiscal year, while $158,934 was generated in the area north of Lincoln, a decrease of 1 percent.

The revenue generated in the Webster Street neighborhood south of Lincoln Avenue totaled $39,656, a 10 percent increase compared to the previous fiscal year, and $110,648 was collected for the area north of Lincoln, a jump of 9 percent.

Sales taxes at Alameda Point rose 28 percent compared to the previous year, totaling $40,017. But they dropped 50 percent at the Marina Village Business Park, which generated $21,897, the report shows.

Sales taxes collected through building and construction $55,296, a 4 percent increase over the same period of the previous fiscal year. The slight increase was likely attributable to the recovering economy, Russo said.

While merchants and business owners collected the sales taxes between April and June, city officials consider it as revenue for the quarter between July 1 and Sept. 30 of the current fiscal year.

Contact Peter Hegarty at 510-748-1654. Follow him at Twitter.com/Peter_Hegarty.