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42 <br /> 1 Slide #23 <br /> FY 2025-26 Revenue Assumptions <br /> SALES TAX TRENDS <br /> Sales Tax now growing significantly slower than pre-Covid trends. <br /> Annual Growth Rate of OG Sales Tax <br /> MCC% <br /> 16.00% <br /> 14.00% <br /> 12.00% <br /> 10.00% <br /> 8.00% <br /> 6.00% <br /> a.QD% <br /> 2.00% <br /> 0.6a% <br /> FY 2013 FY 2014 FY 2015 FY 2016 FY M 7 FY 2018 FY 2010 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025-YTO <br /> —P*,ZaPka Salsa Tar —PaiH of SDI&Sakn Tax ——Par-Cap MPwCpr4d TIWId Pas PM-6pWd 7r0rd <br /> 2 <br /> 3 Travis Myren said it is a little bit perplexing that the first three months collected so far have <br /> 4 been below pre-Covid rates. <br /> 5 Travis Myren said the per capita calculation is determined by population, so the state <br /> 6 collects all the sales tax and it's distributed to the counties based on population. He said the Point <br /> 7 of Sale/Delivery is based on sales and deliveries that occur in Orange County. He explained that <br /> 8 the county has adopted Articles of Sales Tax and that goes to the county directly and then there <br /> 9 are the state sales tax components that are distributed. <br /> 10 Commissioner Portie-Ascott asked what the articles of county sales tax are. <br /> 11 Travis Myren said Article 44 is hold harmless and Article 46 is for economic development. <br /> 12 Travis Myren noted that these projections don't take into account the loss of per capita sales tax <br /> 13 that will inevitably decrease because of the lack of tourism etc. in the Western part of the state <br /> 14 after Hurricane Helene. <br /> 15 <br /> 16 <br />