SANTA BARBARA, Calif. – The City of Santa Barbara shared Wednesday that sales tax revenue for the fourth quarter of the city’s fiscal year came in at 8.4 percent below budget and sales tax revenues across all of Fiscal Year 2025 are 6.1 percent below projected revenues.
In total, the city collected $29,301,467 in sales tax revenue for Fiscal Year 2025 and none of Fiscal Year 2025’s quarterly sales tax reports have met budget projections noted the City of Santa Barbara.
The City of Santa Barbara also shared Transient Occupancy Tax Results through July, the first month of the City’s fiscal year, in a press release Wednesday…