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Budget and Financial Reports


New Reporting and Publication Requirements for Local Agencies Regarding Tax Revenue Sharing Agreement

Beginning January 1, 2025, Revenue and Taxation Code section 7213 requires each California city and county (local agency) to report annually on all sales and use tax revenue sharing agreements from the previous fiscal year. Local agencies must report all agreements involving the direct or indirect payment, transfer, diversion, or rebate of Bradley-Burns Uniform Local Sales and Use Tax revenue.