Speaker 1: Recommendation to accept the quarterly sales tax report for the period ending June 30th, 2015, collected during the period January 1st, 20 2015 to March 31st 20.
Speaker 2: Good evening. Council members Elaina Dare, finance director for the city.
Speaker 0: Lean in a little.
Speaker 2: Kay It's been a while since I've been here. So one of the things I wanted to, I guess ask is if there were any specific questions related to the report other than and I'll go through a quick overview. So overall, the city's sales tax growth is actually still going up. You will see in this particular quarter and. Sales tax is usually little behind on a reporting from Board of Equalization, we're usually about three months behind to true it up. But in this particular quarter, there were a number of adjustments that were made exactly a year ago. So same quarter last year by the Board of Equalization. So overall, it looks like there wasn't growth. But if you remove those particular adjustments or as the board equalization calls operations, the sales tax actually gone up. And one of the attachments that we actually do have for the staff report shows that the increase of sales tax, if we don't make those adjustments to remove those abnormalities versus when we actual adjust for them and compare more of a apples to apples amounts collected. Overall, I believe the increase was about 5%, even though you don't see it on the face right away. There were three specific geographic areas that done very well this quarter and it's Alameda lending Alameda Point and North waterfront. So those overall showed very good growth results, some of them because there are some new businesses that are opening up, in other cases because the existing businesses are doing well. One of the concerning, I guess points is something that the city is really unable to deal with and it's really subject to fluctuations. Is the sales tax on fuel? That's one of the items that, as you see, the prices of the fuels go down. Even though it's great for all of us individuals, it also means that the sales tax is not collected and not as much tax collected on the reduced amounts. So that's one of those items that has a positive effect to individuals, but not necessarily for the city. There is also a decrease in lumber and in business and industry, and that's primarily, again, due to some of the adjustments that were posted by the Board of Equalization. And unfortunately, those are not something we we the city control. A lot of the adjustments that are being made are for businesses that end up reporting two quarters in one period, and therefore sometimes they're inflated or rather deflated. Depends on how you look at it and what period of time. But overall, sales tax are still going up and that's positive for the city. Any questions?
Speaker 0: Councilmember De Saag.
Speaker 7: Great. Thank you very much. I asked for this because I thought there was a great wealth of information there that the public would benefit by if they read the reports. And ADL's colorful report is also very helpful. The particular reason why I asked for this is because in looking at specific firms that are the top tax generating sales tax generating entities in town, two popped up, one with North Face, and the other one was Penumbra. So these are corporations that are operating out at Horrible Business Park, and I think it was just great to see these kind of businesses because clearly they must be whatever business, the business activity they're doing, they must be identifying Alameda as a place where they're recognizing that they're the sales so that we can collect the sales tax when extra shout out to Penumbra. Because the mayor and I went out to Penumbra about ten days ago or so to celebrate their help, be with them, to celebrate their annual employee appreciation. So to see that company it's a lot is a pretty large company in medical diagnostics. I thought this was a nice opportunity to shine a light on two important businesses in the Harvard Business Park. Especially it and this because later this evening we'll be talking about hotel and at Harvard Business Park. And certainly we've got businesses there that are no doubt looking into this issue of making sure that their clients and customers who travel from afar can be accommodated. Well, thank you.
Speaker 0: Thank you. Any other council member questions.
Speaker 6: Or approval of.
Speaker 8: Asecond?
Speaker 0: All those in favor.
Speaker 5: I.
Speaker 0: Motion passed unanimously. Thank you.
Speaker 1: Five F recommendation to authorize the Interim City Manager to execute an agreement with CSG consulting services for professional plant services for 12 months. Permanent amount not to exceed 300,000.
Recommendation to Accept the Quarterly Sales Tax Report for the Period Ending June 30, 2015 Collected During the Period January 1, 2015 to March 31, 2015.  (Finance 2410)