Monrovia : Sales Tax Base Increases
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The city has raised its sales tax base above state and county averages, but it should increase non-retail revenue by attracting more wholesale and industrial firms, says a report on tax trends for 1981-86.
The report, by Robert Hinderliter & Associates, says that since 1981, per-capita retail sales in Monrovia have grown from $5,950 to $9,705 and taxable retail sales have increased 71.5%.
Ten years ago, Monrovia undertook an aggressive redevelopment program, and the greatest growth in taxable sales has occurred in areas where the city has sought new development, the report says.
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