By:
Examiner Staff Writer
05/25/10 12:00 AM
California Board of Equalization Chairwoman Betty Yee, who represents the Bay Area, said May sales tax allocations to local governments will increase 3.7 percent due to positive growth in statewide cash receipts during the first quarter.
Since 2008, the board has been cutting advance sales tax payments to municipalities as the economy declined.
Increases in receipts from used-car sales, department stores and gasoline retailers prompted the board to raise the amount.
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