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Quarterly Sales Tax Update Page 2 of 2 November 4, 2011 <br />The City Manager's Weekly Update included information on the second quarter Sales Tax <br />update. San Leandro's Sales Tax revenue was up over 6% from the same quarter last year. <br />Additional worksheets have been included to further the Committee's understanding of this <br />critical City revenue source. The schedules from the Weekly Update are included in the packet <br />for Committee discussion and staff response to questions. <br />The following schedules are included are attached to the report: <br />• Sales Tax Revenue Components and Payment Schedule — Attachment I <br />• Quarterly Detail by Ranking of Accounts —Attachment 2 <br />In addition, the following were included from the Weekly Update: <br />• Sales Tax Per Capita and Sales Tax Capture & Leakage Analysis <br />• Benchmark Year 2011 Q2 Compared to Benchmark Year 2010 Q2 and Economic <br />Segments Analysis <br />• Alameda County, Sales Tax Per Capita <br />• Historic Sales Tax Per Capita by Benchmark Year <br />CONCLUSION <br />Staff recommends that the Finance Committee review and accept the attached report on the <br />Quarterly Sales Tax Update. <br />G:Tinance Committee\2011-12\1 1-4-1 11c memo re quarterly sales tax report update.docx <br />