Gas sales pump up Grass Valley sales tax revenue | TheUnion.com
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Gas sales pump up Grass Valley sales tax revenue

Grass Valley’s income from sales taxes jumped in the third quarter of last year, due largely to the rise in gasoline prices in the same quarter.

With prices hitting well over $3 a gallon in fall 2005, and with sales tax taken as a percentage of sales, income to the city from service stations grew nearly 26 percent over the same quarter in 2004.

That was the biggest year-to-year growth of any sector, according to a recent city report.



Recently annexed areas including Brunswick Basin also are boosting sales tax revenues to the city, according to the report by The HdL Companies, a sales tax audit company based in Southern California.

“There are three stations here: us, the Arco across the street and Flyers,” said Peter Baran, new owner of the independently franchised P&S 76 station on Nevada City Highway at Brunswick Road. He estimated each station sells at least 100,000 gallons to 150,000 gallons of gasoline each month.




The city took in nearly $1.3 million in sales tax revenue from all industries from July to September 2005. The city took in more than $893,000 the same quarter in 2004. However, when seasonal and accounting anomolies were factored out of the raw numbers, overall revenue rose from year to year just over 23 percent.

In raw numbers, the top sector contributing sales taxes in Grass Valley for the quarter was new vehicle dealerships, which brought in $235,000. The sector contributed about $167,000 in the same quarter of 2004.

To contact staff writer Trina Kleist, e-mail trinak@theunion.com or call 477-4231.


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