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1st Quarter 2022 Sales Tax Data Released

1st Quarter 2022 Sales Tax Data Released

By Brittney Sherman

Here are a few key takeaways from Morgan Hill's 1st Quarter 2022 sales tax numbers:

-Santa Clara County sales tax collections grew 14% and Morgan Hill collections grew 8.4%, as compared to this same quarter last year.

-Receipts from local Morgan Hill brick and mortar purchases rose 9.3% compared to 2021, supporting the continued trend of buying locally.

Sales tax collected from service stations rose 52% compared to 2021, as a result of increased gas prices and the continued return of commuter travel.

Casual dining and quick-service restaurants continued their upward trend, marking the 4th full quarter in a row where restaurant receipts have increased.

Read the full report from HdL HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
Victory HONDA

Victory HONDA

By Brittney Sherman

The City of Morgan Hill Economic Development Team visited with Victory Honda General Sales Manager Jason Settle last week. While the chip shortage is still posing inventory challenges, Victory HONDA has pivoted to focus more on pre-selling new vehicles and expanding their pre-owned inventory. Auto and Transportation Dealerships are one of the City’s top sales tax revenue generators so where you purchase your next vehicle matters! With a local team offering top notch customer service, your next Honda vehicle awaits you at Victory Honda Morgan Hill!

Victory Honda of Morgan Hill | Honda Dealer in Morgan Hill, CA (victoryhondamorganhill.com)

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