Friday, May 2, 2008

Where do our sales taxes go?

Our current sales tax rate is 8% - so who gets that money because it doesn't all go to the city?

4.75% goes to the state (General Fund)

0.25% goes to the State (Fiscal Recovery Fund)

0.50% goes to the State (Local Revenue Fund)

0.25% goes to the State (General Fund)

0.50% goes to the State State (Local Public Safety Fund)

1.00% goes to Local (County/City) of which 0.25% goes to County transportation funds and 0.75% goes to City and county operations

.75% goes to the City of San Juan Bautista

Total Sales Tax - 8%

Source: http://www.boe.ca.gov/news/sp111500att.htm

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