HomeMy WebLinkAbout2026_02 SALES TAX REPORT GENERAL
$6.8M
Sales tax revenue collected through
February 2026
5.9%
Overall increase in sales tax over same
period prior year
27%
Represents Services, the highest sales
tax industry YTD
Highlights:
• February month-to-date sales tax revenue (for December 2025 activity*) is $3.7 million, 5.7% above February
month-to-date budget.
• February 2026 sales tax revenue is $292K more than February 2025, primarily driven by the increase in the
manufacturing sector.
• Industries with largest increase through the same period prior year:
o Transportation Equipment: $302K
o Construction of Buildings: $72K
o Publishing Industries: $55K
• Industries with largest decrease through same period prior year:
o Heavy and Civil Construction: $(73)K
o Motor Vehicle & Parts Dealers: $(59)K
o Retail Bldg Materials & Garden Cntrs: $(41)K
CITY OF RENTON
SALES TAX SUMMARY
February 2026
*state remits to city on 2-month lag
$%$ %
General Retail 1,760 1,716 1,736 1,992 (256) -12.9% 20 1.2%
Construction 1,028 759 797 770 27 3.5% 38 5.1%
Services 1,725 1,751 1,858 1,587 271 17.1% 107 6.1%
Automotive/Gas 1,030 1,092 1,031 1,141 (110) -9.6% (60) -5.5%
Manufacturing 401 371 668 416 252 60.7% 297 80.0%
Wholesale 291 452 442 330 113 34.2% (9) -2.1%
Miscellaneous 482 247 229 207 22 10.4% (18) -7.2%
Total Retail Sales Tax 6,717$ 6,388$ 6,762$ 6,443$ 319$ 5.0% 375$ 5.9%
Sales Tax - Budget to Actual Comparison
YTD thru February
.
2024
YTD
2025
YTD
2026
YTD Budget
Over/(Under)
YTD Budget
Increase/(Decrease)
from Prior Yr2026
YTD