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.

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. 

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. 

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.

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. 

The California State Board of Equalization is advising county Assessors to use 1.036 percent as Proposition 13's inflation factor for 2021/22.

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Webinar: California Consensus Forecast

Please join us Thursday, March 24th at 11 AM PDT for a live update and discussion on our quarterly California Consensus Forecast.

HdL will present an up-to-date view on California’s Retail Economy based on current 4th Quarter 2021 data. Learn the latest numbers to effectively plan and lead.

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