HomeMy WebLinkAbout2025_12 SALES TAX REPORT GENERAL
$38.1 M
Sales tax revenue collected through
December 2025 -0.3%
Overall decrease in sales tax over same
period prior year 29%
Represents Services, the highest sales tax
industries YTD
Highlights:
• December month-to-date sales tax revenue (for October 2025 activities) is $3.2 million, 3.4% above month-to-
date budget.
• December 2025 sales tax revenue is $286K more than December 2024, primarily driven by the increase in the
services and wholesale sectors.
• Industries with largest increase through the same period prior year:
o Publishing Industries: $475K
o Hotels/Motels: $359K
o Wholesale Durable Goods: $201K
• Industries with largest decrease through same period prior year:
o Transportation: $(567)K
o Heavy and Civil Construction: $(388)K
o Food Svcs & Drinking Places: $(308)K
CITY OF RENTON SALES TAX SUMMARY December 2025
*state remits to city on 2-month lag
$ % $%
General Retail 9,729 9,431 9,248 10,362 (1,113) -10.7% (183) -1.9%
Construction 6,336 5,438 4,850 4,896 (46) -0.9% (587) -10.8%
Services 9,932 10,256 10,930 9,410 1,520 16.1% 674 6.6%
Automotive/Gas 6,446 6,428 6,548 6,963 (415) -6.0% 120 1.9%
Manufacturing 2,362 2,509 2,437 2,111 326 15.4% (72) -2.9%
Wholesale 2,173 2,305 2,612 2,208 404 18.3% 308 13.4%
Miscellaneous 1,128 1,810 1,449 1,049 400 38.1% (361) -19.9%
Total Retail Sales Tax 38,107$ 38,176$ 38,074$ 37,000$ 1,074$ 2.9% (101)$ -0.3%
Sales Tax - Budget to Actual Comparison
YTD thru December
in thousands
2023
YTD
2024
YTD
2025
YTD Budget
Over/(Under)
YTD Budget
Increase/(Decrease)
from Prior Yr2025
YTD