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Attachment 5 - Sales Tax Information from MuniServicestCalifornia Taxable Sales Quarter over Quarter Percent Change CARES ACT: $2 TRILLION 3/25/2020, many taxpayers that extended in Ql catching-up. CA COVID Lockdown begins, many taxpayers file extensions New Wayfair / AB147 $ I Economy begins to slow l Consolidated Appropriations Act: $900 billion 12/20/2020 Su mmer Rally I COVIDResurgence -� A Federal Reserve begins taking aggressive approach to fighting inflation, set 2% target Inflation Reduction Act: $437 billion 08/16/2022 merican Rescue Plan: .9 trillion 3/11/2021 $1 Russia Invades Ukraine, pushing energy prices, inflation even higher Recovery, Rising Energy Prices, Rising Inflation JURISDICTION OR REGION 2019Q3 2019Q4 2020Ql 2020Q2 2020Q3 2020Q4 2021Ql 2021Q2 2021Q3 2021Q4 2022Ql 2022Q2 2022Q3 Federal Funds Rate (Top ofTarget Range)»> 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.50% 1.75% 3.25% OTHER SOUTHERN -12.5% 15.4% -29.5% 5.9% 2.9% -6.0% 48.1% 17.9% 14.1% 20.0% 26.1% -0.4% -2.0%----CENTRAL COAST -10.7% 5.3% -25.9% -8.8% 2.0% -2.2% 38.9% 28.7% 11.4% 18.2% 20.5% 4.0% 8.5%SOUTH COAST -7.8% 5.5% -20.8% -10.7% -3.9% -10.5% 29.2% 34.6% 18.7% 28.7% 21.1% 5.7% 7.8%S.F. BAY AREA -11.5% 5.7% -20.0% -11.2% -4.9% -10.3% 23.2% 26.1% 13.6% 20.2% 19.8% 5.6% 10.4%STATEWIDE -8.8% 5.3% -18.9% -6.0% -0.2% -5.8% 32.8% 32.1% 17.6% 25.4% 19.1% 5.0% 7.5%INLAND EMPIRE -8.7% 4.7% -17.6% 1.8% 8.8% 3.6% 49.9% 37.5% 21.9% 30.4% 19.1% 6.8% 8.3%SACRAMENTO VALLEY -8.2% 2.3% -15.3% 5.6% 5.7% -0.9% 35.4% 27.8% 16.7% 22.8% 15.9% 2.0% 5.6%CENTRAL VALLEY -7.2% 6.0% -11.5% 8.1% 10.2% 8.6% 44.6% 33.7% 19.9% 24.3% 14.2% 3.7% 5.7%NORTH COAST -6.0% 7.1% -11.0% 3.2% 13.1% 5.2% 37.6% 24.5% 5.7% 6.4% 2.8% -5.3% -4.1%OTHER NORTHERN -11.0% 7.7% -9.2% 3.8% 11.1% 7.9% 34.5% 26.5% 9.2% 9.3% 5.6% -4.9% 1.2%Inflation (U.S. CPI-U) »> 2.1% 0.3% 1.2% 1.3% 1.9% 4.9% 5.4% 6.7% 8.0% 8.7% 8.3% CA Gasoline Average Retail>» 4.0% -26.8% -13.5% -19.5% 2.7% 41.9% 36.6% 44.7% 42.2% 46.8% 28.9% Non-Confidential Avenu Insights & Analytics ATTACHMENT 5 California Taxable Sales Quarter over Quarter Percent Change CARES ACT: $2 TRILLION 3/25/2020, many taxpayers that extended in Ql catching-up. CA COVID Lockdown begins, many taxpayers file extensions New Wayfair / AB147 $ J Economy begins to slow Consolidated Appropriations Act: $900 billion 12/20/2020 Su Jmmer Rally I COVID Resurgence merica .9 trill An $1 Federal Reserve begins taking aggressive approach to fighting inflation, set 2% target Inflation Reduction Act: $437 billion 08/16/2022 Russia Invades Ukraine, pushing n Rescue Plan: energy prices, ion 3/11/2021 inflation even higher Recovery, Rising Energy Prices, Rising Inflation l l � ·�' JURISDICTION OR REGION 2019Q3 2019Q4 2020Ql 2020Q2 2020Q3 2020Q4 2021Ql 2021Q2 2021Q3 2021Q4 2022Ql 2022Q2 2022Q3 Federal Funds Rate (Top of Target Range)»> 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.50% 1.75% 3.25% II ii 11� -�. II mm II iffiWAltf.ilWA JC EWD.I[ -ma�u m:mJrmm OTHER SOUTHERN -12.5% 15.4% -29.5%5.9% 2.9% -6.0%48.1% 17.9% 14.1% 20.0% 26.1% -0.4%-2.0% CENTRAL COAST -10.7% 5.3% -25.9%-8.8%2.0% -2.2%38.9% 28.7% 11.4% 18.2% 20.5% 4.0%8.5% SOUTH COAST -7.8% 5.5% -20.8%-10.7%-3.9%-10.5%29.2% 34.6% 18.7% 28.7% 21.1% 5.7%7.8% S.F. BAY AREA -11.5% 5.7% -20.0%-11.2%-4.9%-10.3%23.2% 26.1% 13.6% 20.2% 19.8% 5.6%10.4% STATEWIDE -8.8% 5.3% -18.9%-6.0%-0.2%-5.8%32.8% 32.1% 17.6% 25.4% 19.1% 5.0%7.5% INLAND EMPIRE -8.7% 4.7% -17.6%1.8%8.8%3.6%49.9% 37.5% 21.9% 30.4% 19.1% 6.8% 8.3%..SACRAMENTO VALLEY -8.2% 2.3% -15.3%5.6%5.7%-0.9%35.4% 27.8% 16.7% 22.8% 15.9% 2.0%5.6% CENTRAL VALLEY -7.2% 6.0% -11.5%8.1%10.2%8.6%44.6% 33.7% 19.9% 24.3% 14.2% 3.7%5.7% NORTH COAST -6.0% 7.1% -11.0%3.2%13.1%5.2%37.6% 24.5% 5.7% 6.4% 2.8% -5.3%-4.1% OTHER NORTHERN -11.0% 7.7% -9.2%3.8%11.1%7.9%34.5% 26.5% 9.2% 9.3% 5.6% -4.9%1.2% Inflation (U.S. CPI-U) >» 2.1% 0.3% 1.2%1.3%1.9% 4.9% 5.4% 6.7% 8.0% 8.7% 8.3% CA Gasoline Average Retail »> 4.0% -26.8%-13.5%-19.5%2.7% 41.9% 36.6% 44.7% 42.2% 46.8% 28.9% Non-Confidential Avenu Insights & Analytics