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Benefits to buying local
Where do the Sales Tax dollars go? Of the 7.75% sales tax, the state General Fund receives 5%, state public safety receives .5%, state social services gets .5%, state transportation receives .5% and Napa County receives only 1% of the funds.
1. What is the City of Napa’s largest source of revenue?
A. Transient Occupancy Tax (TOT)
B. Sales Tax
C. Vehicle License Fee
D. Property Tax
The income for the City generated by Sales Tax per year is 11.1 Million. Property Tax is a close second at 10.9 Million. The Transient Occupancy Tax raises 5.4 Million. Vehicle License Fee brings in 4.3 Million and finally Business Licenses raise 2.3 Million.
Supporting the local economy is crucial. Our city is facing a financial challenge over the next few years. The financial health of all the local governments in the county is directly related to the amount of sales tax generated from purchases within each of the cities. Residents don’t often know what products and services are offered within their community and choose to shop elsewhere.
These sales tax dollars help support local services that contribute to all of our residents’ quality of life. Better streets, safer neighborhoods, nicer parks, etc. - all these things are paid for, in part, by sales tax revenue. When you shop in a different county you are paying for the improvement to their quality of life!
So, please buy local first!
