Taxable Sales Show Modest Gains
Orange County taxable sales increased during the second quarter of 1992 to $6.7 billion from $6.6 billion for the same period in 1991. Yorba Linda posted the largest percentage gain, Cypress the biggest loss.
Spending Still Lags
Second-quarter sales increased last year, but still lagged behind 1989 and 1990 levels.
In billions of dollars. 1987: $6.0 1988: 5.9 1989: 6.8 1990: 7.0 1991: 6.6 1992: 6.7
Gains and Declines
Seventy-two percent of Orange County cities had more taxable sales in the second quarter of 1992 than in 1991.
1991-92 % change No. of Cities More than 10% 5 5.1% to 10.0% 5 0.1% to 5.0% 11 0% to -5.0% 5 -5.1% to -10.0% 3
CONTRIBUTIONS TO STATE COFFERS
Orange County accounts for nearly 10% of California’s taxable sales. (In billions of dollars):
Area Taxable Sales Statewide Percentage Orange County $6.7 9.7% Los Angeles County $18.9 27.3% Rest of So. California $12.1 17.5% Bay Area $14.5 21.0% Rest of California $16.9 24.5%
NOTE: The Bay Area includes Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties.
City-by-City Breakdown
(In thousands of dollars):
2nd Qtr. 2nd Qtr. Percent City 1991 1992 Change Anaheim $697.6 $713.6 + 2.3% Brea 173.9 174.8 + 0.5 Buena Park 189.5 187.8 - 0.9 Costa Mesa 507.9 515.3 + 1.5 Cypress 82.0 74.5 - 9.1 Dana Point 46.0 49.2 + 7.0 Fountain Valley 147.9 164.1 +11.0 Fullerton 270.6 278.5 + 2.9 Garden Grove 263.2 256.1 - 2.7 Huntington Beach 360.8 357.9 - 0.8 Irvine 468.8 509.4 + 8.7 Laguna Beach 48.4 52.5 + 8.5 Laguna Hills* N/A 76.5 N/A Laguna Niguel 71.5 78.8 +10.2 La Habra 90.8 83.8 - 7.7 Lake Forest* N/A 101.4 N/A La Palma 25.1 28.3 +12.8 Los Alamitos 42.9 45.6 + 6.3 Mission Viejo 123.3 125.4 + 1.7 Newport Beach 236.8 221.1 - 6.6 Orange 416.0 409.6 - 1.5 Placentia 62.8 68.9 + 9.7 San Clemente 56.8 63.7 +12.1 San Juan Capistrano 65.5 68.6 + 4.7 Santa Ana 635.2 665.9 + 4.8 Seal Beach 29.6 30.0 + 1.4 Stanton 58.2 55.9 - 4.0 Tustin 194.8 198.7 + 2.0 Villa Park 3.4 3.5 + 2.9 Westminster 183.7 191.4 + 4.2 Yorba Linda 49.7 67.4 +35.6
* These cities were not incorporated during the second quarter of 1991. Source: State Board of Equalization; Researched by DALLAS M. JACKSON / Los Angeles Times
