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A-6
<br />Commercial Activity
<br />Summaries of historic taxable sales within the City and the County during the past five
<br />years in which data is available are shown in the following tables.
<br />Total taxable sales during three quarters of calendar year 2023 in the City were
<br />$1,555,965,553, a 3.08% decrease over the total taxable sales of $1,509,436,189 reported during
<br />three quarters of calendar year 2022.
<br />CITY OF REDWOOD CITY
<br />Taxable Retail Sales
<br />Number of Permits and Valuation of Taxable Transactions
<br />(Dollars in Thousands)
<br />Retail Stores Total All Outlets
<br />Number
<br />of Permits
<br />Taxable
<br />Transactions
<br />Number
<br />of Permits
<br />Taxable
<br />Transactions
<br />2019 1,243 $1,444,235 2,318 $2,057,730
<br />2020 1,279 1,169,944 2,428 1,712,334
<br />2021 1,145 1,387,168 2,157 1,816,103
<br />2022 1,143 1,542,322 2,145 2,069,106
<br />2023 1,084 1,573,984 2,031 2,098,183
<br />Source: State Department of Tax and Fee Administration.
<br />Total taxable sales during three quarters of calendar year 2023 in the County were
<br />reported to be $16,052,107,768, a 0.09% decrease over the total taxable sales of
<br />$16,067,098,880 reported during three quarters of calendar year 2022.
<br />SAN MATEO COUNTY
<br />Taxable Retail Sales
<br />Number of Permits and Valuation of Taxable Transactions
<br />(Dollars in Thousands)
<br />Retail Stores Total All Outlets
<br />Number
<br />of Permits
<br />Taxable
<br />Transactions
<br />Number
<br />of Permits
<br />Taxable
<br />Transactions
<br />2019 12,817 $11,989,035 22,908 $18,168,258
<br />2020 13,350 10,542,136 23,985 15,940,068
<br />2021 11,947 12,709,017 21,396 19,494,222
<br />2022 11,838 13,969,703 21,402 21,851,586
<br />2023 11,283 13,910,862 20,444 22,001,414
<br />Source: State Department of Tax and Fee Administration.
<br />8.A. - Page 85 of 255
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