NEWPORT BEACH
The weakest source of major revenue in Newport Beach is sales tax, according to a recent city report comparing the city’s revenues and expenditures to 31 other cities in Orange County.
“Perhaps we’re not capturing enough sales tax from tourism,†said Administrative Services Director Dennis Danner, who headed the study.
The comparison, an extension of last fall’s five-year financial forecast, compared such areas as general revenue, property tax, sales tax, public safety expenditures and general government expenditures.