WHY SHOP LOCAL?
- Sales tax is a major source of revenue for your City.
- When purchases are made locally and sales tax is
applied, your City receives 1% of the taxable sale.
- Purchases made outside Simi Valley generate no
revenue for your City and pay for police services, street maintenance, and youth programs in other communities.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
WHERE DOES THE REST OF THE SALES TAX GO?
- 6% goes to the State of California
- 1% goes to the City where the purchase is made
- 0.25% goes to the County where the purchase is made
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
WHAT PERCENTAGE OF THE CITY'S BUDGET IS
BASED ON SALES TAX EACH YEAR?
The annual percentage of the City of Simi Valley's general fund that is derived from sales tax has been about 25% in the last few years. That is over $13 million every year that goes directly back into City programs and services.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
HOW IS THE SALES TAX REVENUE SPENT IN THE CITY?
Sales tax revenue is the primary source of funding for projects, programs, and services that make Simi Valley a great community. This includes an active Senior Center, an outstanding and well-equipped police force, road repairs, and dynamic youth programs.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
DID YOU KNOW...
- When a resident buys a $30,000 vehicle from a Simi
Valley dealership, $2,175 of sales tax is generated, of which your City receives $300.
- A family of four that eats out 24 times a year (twice a
month) at restaurants located in Simi Valley and spends an average of $50 each meal generates $87 in sales tax, of which your City receives $12.
- If you were to spend $4,000 a year on home improve-
ment supplies at stores located in Simi Valley, $290 is generated in sales tax, of which your City receives $40.
|