Page 11 - Moreno Valley 2025 Citizens Guide to the Budget
P. 11

REVENUES  SALES TAX


        For every dollar of sales tax generated in Moreno Valley, the City’s General Fund receives only 23¢, which supports critical
        local services including public safety and infrastructure. Below is an illustration of how a dollar of sales tax is apportioned to the
        State and County (77%) and 23% to the City.
        On November 5, 2024, residents of Moreno Valley passed Measure U - Moreno Valley Essential Services Reauthorization
        Measure, a one-cent (1¢) increase on the sales tax rate. Effective April 1, 2025, the sales and use tax rate went from 7.75% to
        8.75%.
                                     For Each Dollar Of Sales Tax Revenue























                         STATE GENERAL FUND - 45¢                 MORENO VALLEY GENERAL FUND - 23¢
                         Supports  a  wide  variety  of  programs,   Supports  critical  local  services  including
                         including K-12 education, higher education,   public safety and infrastructure.
                         health and criminal justice programs.
                                                                  COUNTY TRANSPORTATION FUNDS - 8¢
                                                                  Supports traffic congestion relief, traffic safety,
                         STATE LOCAL REVENUE FUND - 18¢           and air quality improvement programs.
                         Supports  various  health  and  social  service
                         programs such as probation, mental health,   STATE LOCAL PUBLIC SAFETY FUNDS - 6¢
                         drug and alcohol, and foster care programs.  Supports local public safety programs


        The  City  anticipates  receiving  sales  tax  revenue  of  $60.   million  during  FY  2025/26.  This  is  based  on    the  recently
        approved Measure  U  -  Moreno  Valley  Essential  Services  Reauthorization  Measure  and  an  analysis  of  the  trend  in  year
        to-date  tax  receipts,  macroeconomic  conditions,  and  an  examination  of  local  business  data.  Revenue  growth  recently
        has been driven by higher retail gas prices, autos and transportation, restaurants and hotels, and food and drug categories.

                         SALES TAX                                                 SALES TAX RATE


                                  FY 2024/25  FY 2025/26  FY 2026/27
                  FY 2021/22   FY 2022/23  FY 2023/24  AMENDED   ADOPTED   ADOPTED
                                  BUDGET  BUDGET  BUDGET
                                                                   9.00%
             $
                                                                   8.75%
             $ 0                                                   8.50%
                                                                   8.25%
           MILLIONS  $5                                            8.00%
             $ 0                                                   7.75%
                                                                   7.50%
             $                                                     7.25%
                                                                   7.00%
                                                                        CORONA  HEMET  MENIFEE  MORENO  MURRIETA  PERRIS  RIVERSIDE  SAN  TEMECULA WILDOMAR
             $ 0                                                                     VALLEY          BERNARDINO
                                                                          AVERAGE 8.65%
             $
             $0






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