Apple Valley Reports Sales Tax Gain For Ninth Consecutive Quarter

By Staff Reports

(Apple Valley)–According to the second quarter sales tax report, which represents sales transactions from May to June of this year, gross sales tax collections for the Town of Apple Valley were up slightly by 4.7% from the same quarter one year ago.  This increase represents an additional $50,782 in sales tax collections during the quarter on a year-over-year basis. Sales tax growth estimates for the remainder of calendar year 2012 are projected at between 4.5% – 5.0%.

“This quarterly gain represents the ninth consecutive quarter of sales tax growth on a year-over-year basis since the economic recovery began,” said Marc Puckett, Assistant Town Manager of Finance and Administration.  “The sustained growth in our retail sales in Apple Valley is a clear indication of the broad-based economic recovery that is underway. However, this news will not detract from the fiscal discipline the Town has exercised, and needs to continue exercise moving forward.”

As a whole, sales tax collections in San Bernardino County increased by 8.7% on average during the quarter, and Southern California increased by 7.4% during the same period.  Statewide, second quarter sales tax collections were up 7.5% overall during the period.

According to Puckett, only three of the 25 communities in San Bernardino County (Grand Terrace, Needles and Upland) experienced a year-over-year decrease in sales tax collections during the quarter.  Of the high desert communities, Adelanto lead in sales tax growth (on an adjusted basis) with an increase of 9.5%, followed by Victorville (8.6%), Barstow (6.6%) and Hesperia (4.1%).

In Apple Valley, of the major industry groups, building and construction had the highest percentage increase with 39.5% over the same quarter in the prior year.

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