Los Angeles/ Retail & Industry
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Published on November 01, 2023
Valencia Auto Dealers Drive Over $100 Million in Sales Tax Contributions to Santa ClaritaSource: Google Street View

It was announced that Valencia Auto Dealers have contributed over $100 million in sales tax since 2007. The funds have been invested in public facilities and programs, including parks, road maintenance, and new amenities. This exemplifies the permeating benefits of shopping locally and supporting the city's economy, according to Mayor Jason Gibbs, according to the City of Santa Clarita press release.

Almost 18% of Santa Clarita's annual sales tax revenue comes from new vehicle sales. There was a rise in car sales, and leases post-pandemic which meant that over $10 million in local sales tax dollars were generated just last year. For 25 years, the president of the Santa Clarita Automobile Dealers Association, Don Fleming has praised unique dealerships in the Valencia Auto Center for their contributions to the city's sales tax revenue. He praises Santa Clarita as a city that builds a vibrant community for its residents.

The Santa Clarita Automobile Dealers Association, formed in 1998, serves to promote dealerships within the Valencia Auto Center. It encourages residents to keep their tax dollars local and supports nonprofit organizations. Valencia Auto Center is one of the largest auto centers in Southern California and contains 15 dealerships offering 24 brands, located within one mile along Creekside Road, Magic Mountain Boulevard, and Valencia Boulevard

The financial contributions made by the Valencia Auto Dealers go beyond benefiting the Santa Clarita community. Not only do the dealerships contribute financially, but they also support local nonprofit organizations, demonstrating their commitment to the community. This enhances the living conditions of residents and fosters a flourishing atmosphere for businesses.

For those wanting to find more about tax revenue distribution and allocation in the City of Santa Clarita, the Fiscal Year 2023/24 budget is available on the city website. Information on dealerships and vehicle sales at the Valencia Auto Center can be found at ValenciaAutoCenter.com.