Adjusted sales tax receipts for the City of Santa Monica during the first calendar quarter of the year increased 7.5 percent over the same period a year earlier.
The Santa Monica increase compares with a statewide adjusted increase of 6.0 percent and a countywide adjusted increase of 4.9 percent during the January to March period this year.
In Santa Monica, general consumer retail goods provided the strongest significant increases, with women’s apparel sales tax revenue increasing 17.2 percent, family apparel up 16.8 percent, and specialty stores increasing 9.8 percent.
Santa Monica officials credit the increase in general consumer retail goods to increased demans and new businesses opening during the past four quarters.
Sales tax from restaurants and hotels in Santa Monica increased 12.3 percent during the first quarter this year, when compared to the same period a year ago.
City officials credited the restaurant and hotel sales increases to new businesses.
New vehicle sales decreased during the first three months of the year by 1.2 percent, when compared to the first quarter a year ago.
Auto leasing sales revenue decreased 14.8 percent during the first three months of the year.
But sales tax revenues from service stations increased 32.8 percent during the first quarter, when compared to the first three months of last year.
“While some of this increase can be attributed to higher gasoline prices, most relates to the receipt of late payments from the prior quarter,” said Steve Stark, Santa Monica director of finance.
Sales tax revenue from new motor vehicle dealers provided the largest revenue for the city — $1,161,767 — for the first three months of the year and businesses along Santa Monica Boulevard provided the highest sales tax revenue to the city of any geographic area in the city.