HomeMy WebLinkAbout2025_09 SALES TAX REPORT GENERAL
$28.5M
Sales tax revenue collected through
September 2025
-1.3%
Overall decrease in sales tax over same
period prior year
29%
Represents Services, the highest sales tax
industries YTD
Highlights:
• September month-to-date sales tax revenue (for July 2025 activities) is $3.4 million, 7.0% above month-to-date
budget.
• September 2025 sales tax revenue is -$211K less than September 2024, primarily driven by the decrease in the
construction and miscellaneous sectors.
• Industries with largest increase through the same period prior year:
o Publishing Industries: $451K
o Hotels/Motels: $242K
o Motor Vehicle & Parts Dealers: $158K
• Industries with largest decrease through same period prior year:
o Transportation: $(589)K
o Heavy and Civil Construction: $(361)K
o Food Svcs & Drinking Places: $(229)K
CITY OF RENTON
SALES TAX SUMMARY
September 2025
*state remits to city on 2-month lag
$%$%
General Retail 7,209 7,182 7,051 7,525 (473) -6.3%(131) -1.8%
Construction 4,293 4,114 3,449 3,368 81 2.4%(665) -16.2%
Services 7,465 7,700 8,289 6,781 1,508 22.2%589 7.6%
Automotive/Gas 4,785 4,784 4,947 5,021 (74) -1.5%163 3.4%
Manufacturing 1,767 1,882 1,746 1,571 175 11.1%(136) -7.2%
Wholesale 1,595 1,735 1,912 1,611 301 18.7%177 10.2%
Miscellaneous 834 1,511 1,129 775 353 45.6%(382) -25.3%
Total Retail Sales Tax 27,947$ 28,907$ 28,523$ 26,652$ 1,871$ 7.0%(384)$ -1.3%
Sales Tax - Budget to Actual Comparison
YTD thru September
in thousands
2023
YTD
2024
YTD
2025
YTD Budget
Over/(Under)
YTD Budget
Increase/(Decrease)
from Prior Yr2025
YTD