Revenue Management

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The Revenue Management Division of the Finance Department performs revenue collection services for taxes, fees, city services, and other misc. revenues. 

 

 

 

AB2854 Compliance

Tax Sharing Agreement Compliance (Assembly Bill (AB) 2854)

What is AB2854?

On September 28, 2024, the California legislature passed AB2854 and it was signed into law by the governor on the same day. This law requires that each local agency annually report information concerning tax revenue sharing agreements to the California Department of Tax and Fee Administration (CDTFA). Tax revenue sharing agreements include those resulting in the direct or indirect payment, transfer, diversion, or rebate of Bradley-Burns local tax revenues. Agencies must report on or before April 30th for the preceding fiscal year with the first information reporting due on April 30, 2025. Additionally, agencies are required to publish information about each tax revenue sharing agreement on their website.

Tax Sharing Agreements

The City of Pomona does not have any tax revenue sharing agreements as of the Fiscal Year ended June 30, 2024.

For more information about AB2854, please visit the CDTFA’s Tax Revenue Sharing Agreements for Jurisdictions webpage