Sales Tax Data
THIS SECTION provides quantitative and qualitative information concerning Sales Tax revenues, timing lags betwen sales activity and tax reporting, and the top tax accounts in Yountville.
Sales Tax Rate - The overall Sales Tax Rate in Yountville is 7.75%; of this amount 6.25% goes to the State, 1.0% goes to the Town, and 0.50% is for the Napa County Measure A Flood Protection Authority Tax, of which Yountville is a member and receives a portion for flood control projects (this tax will expire in 2018).
Sales Taxes Revenue to Yountville - The Town receives from the State, monthly advances on estimated Sales Tax revenues. Each quarter (in March, June, September, and December) the State reconciles actual receipts against advances and remits tax revenue to the Town accordingly.
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Sales Tax Revenue timing lags - The flow of Sales Tax revenue to the Town is lagged by 6 to 18 weeks from the time of sale, to reconciliation and remittance by the State to the Town. For example, Sales Taxes reported on March 31st are based on receipts from the November 15th to February 14th period.
Sales Tax Top-25 contributors -- The State allows local agencies to report the top 25 sales tax accounts in their jurisdiction during a year, and the list must be presented alphabetically.
