Insights
Legislative Update March 2021
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The following includes updates for 2021 legislative statuses on bills related to sales and use tax, medical and adult use cannabis taxation and regulation, property taxation, economic development and business licenses that HdL has been tracking.
Adding to the Challenge – the Increasingly Volatile Sales Tax
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As local governments grapple with the revenue loss and spending increases associated with the pandemic, it’s important to review the trends and forecasts of the revenue streams upon which a city most heavily relies and adjust accordingly.
HdL January HeadLines
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Our HeadLines e-news service provides HdL clients with the most up-to-date information on trends affecting the economy and is meant to provide you with insight and support in your budget preparation and economic planning.
Case Study: Business Tax Revenue Administration
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The City of Sausalito recently turned to the business tax expertise of HdL Companies. HdL’s efforts gained the City $1 million per year in revenue, created tax equity for businesses, kept the loyalty of businesses and voters, and freed municipal staff for other duties besides administering a complex, inefficient code.
Sales Tax - What Just Happened & What to Expect
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2020 was full of challenges across California and local governments are once again facing financial distress. Read on for sales tax behavioral shifts, the irony of AB147 and what may lie ahead.
California Proposition 13 Inflation Factor for 2021/22
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The California State Board of Equalization is advising county Assessors to use 1.036 percent as Proposition 13's inflation factor for 2021/22.
More Articles ...
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- HdL November HeadLines
- Growing Partnership with Beacon Economics
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- Redlands Sales Tax Revenue Fell 9.1% in the First Quarter
- County Hoping to Increase Collection of Sales Tax Revenue
- HdL September HeadLines
- Colorado Economic Development Post COVID-19
- HdL August HeadLines
- HdL Enforces New Vacation Home Rental Reporting Procedures
