HomeMy WebLinkAbout2026_06 SALES TAX REPORT GENERAL
$19.3M
Sales tax revenue collected through June
2026
6.2%
Overall increase in sales tax over same
period prior year
28%
Represents Services, the highest sales tax
industry YTD
Highlights:
• June month-to-date sales tax revenue (for April 2026 activity*) is $3.1 million, 2.7% above June month-to-date
budget.
• June 2026 sales tax revenue is $(47)K less than June 2025, primarily driven by the decrease in the automotive
and wholesale sectors.
• Industries with largest increase through the same period prior year:
o Transportation Equipment: $665K
o Professional, Scientific, Tech: $266K
o Transportation: $178K
• Industries with largest decrease through same period prior year:
o Motor Vehicle & Parts Dealers: $(153)K
o Publishing Industries: $(117)K
o Wholesale Non-durable: $(81)K
CITY OF RENTON
SALES TAX SUMMARY
June 2026
*state remits to city on 2-month lag
$%$ %
General Retail 4,740 4,623 4,764 5,220 (456) -8.7% 142 3.1%
Construction 2,648 2,123 2,105 2,197 (92) -4.2% (18) -0.8%
Services 5,014 5,001 5,447 4,605 842 18.3% 446 8.9%
Automotive/Gas 3,158 3,270 3,116 3,491 (376) -10.8% (155) -4.7%
Manufacturing 1,084 1,148 1,783 1,069 714 66.8% 635 55.3%
Wholesale 1,139 1,325 1,276 1,105 171 15.5% (48) -3.6%
Miscellaneous 869 715 834 523 312 59.7% 119 16.7%
Total Retail Sales Tax 18,650$ 18,205$ 19,326$ 18,212$ 1,114$ 6.1% 1,122$ 6.2%
Sales Tax - Budget to Actual Comparison
YTD thru June
.
2024
YTD
2025
YTD
2026
YTD Budget
Over/(Under)
YTD Budget
Increase/(Decrease)
from Prior Yr2026
YTD