{"id":51336,"date":"2024-01-25T10:37:19","date_gmt":"2024-01-25T18:37:19","guid":{"rendered":"https:\/\/cityofgardena.org\/?page_id=51336"},"modified":"2026-04-28T09:41:04","modified_gmt":"2026-04-28T16:41:04","slug":"financial-report","status":"publish","type":"page","link":"https:\/\/cityofgardena.org\/es\/financial-report\/","title":{"rendered":"Informe Financiero"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-text-transform:none;\"><p dir=\"auto\"><b><u>Annual Report of Financial Transactions<\/u><\/b><\/p>\n<p dir=\"auto\">Each fiscal year the City is required to prepare the Cities Financial Transactions Report for the State Controller\u2019s Office. In accordance with State of California Government Code section 40804, the City is required to publish a summary of this report.<\/p>\n<ul>\n<li dir=\"auto\"><a href=\"https:\/\/cityofgardena.org\/wp-content\/uploads\/2026\/01\/2025-Financial-Transactions-Report.pdf\"><span style=\"text-decoration: underline;\"><strong>Fiscal Year 2024-25 Financial Transactions Report<\/strong><\/span><\/a><\/li>\n<li dir=\"auto\"><a href=\"https:\/\/cityofgardena.org\/wp-content\/uploads\/2025\/02\/FY2024-SCO-Financial-Transactions-Report.pdf\"><span style=\"text-decoration: underline;\"><strong>Fiscal Year 2023-24 Financial Transactions Report<\/strong><\/span><\/a><\/li>\n<\/ul>\n<\/div><div class=\"accordian fusion-accordian\" style=\"--awb-border-size:1px;--awb-icon-size:13px;--awb-content-font-size:16px;--awb-icon-alignment:left;--awb-hover-color:#f9f9f9;--awb-border-color:#cccccc;--awb-background-color:#ffffff;--awb-divider-color:#e0dede;--awb-divider-hover-color:#e0dede;--awb-icon-color:#ffffff;--awb-title-color:#002f66;--awb-content-color:#565656;--awb-icon-box-color:#333333;--awb-toggle-hover-accent-color:#6796bf;--awb-title-font-family:&quot;Raleway&quot;;--awb-title-font-weight:400;--awb-title-font-style:normal;--awb-title-font-size:15px;--awb-content-font-family:&quot;Raleway&quot;;--awb-content-font-style:normal;--awb-content-font-weight:400;\"><div class=\"panel-group fusion-toggle-icon-boxed\" id=\"accordion-51336-1\"><div class=\"fusion-panel panel-default panel-757d6a1334660a886 fusion-toggle-has-divider\" style=\"--awb-title-color:#002f66;--awb-content-color:var(--awb-color8);\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\" id=\"toggle_757d6a1334660a886\"><a aria-expanded=\"false\" aria-controls=\"757d6a1334660a886\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-51336-1\" data-target=\"#757d6a1334660a886\" href=\"#757d6a1334660a886\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box active-icon awb-icon-minus\" aria-hidden=\"true\"><\/i><i class=\"fa-fusion-box inactive-icon awb-icon-plus\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">Tax Revenue Sharing Agreement<\/span><\/a><\/h4><\/div><div id=\"757d6a1334660a886\" class=\"panel-collapse collapse\" aria-labelledby=\"toggle_757d6a1334660a886\"><div class=\"panel-body toggle-content fusion-clearfix\">\n<p>Pursuant to California Revenue and Taxation Code (RTC) Section 7213 and California Code of Regulations, Title 18, Section 1808, local agencies are required to submit and publish information regarding any tax revenue sharing agreements. The City of Gardena has submitted the required Tax Revenue Sharing Agreement Reporting Form to the California Department of Tax and Fee Administration (CDTFA). For more information on the tax revenue sharing agreement please visit the CDTFA website provided below.<\/p>\n<p><a href=\"https:\/\/cdtfa.ca.gov\/industry\/local-jurisdictions-and-districts\/tax-revenue-sharing-agreements.htm\"><span style=\"text-decoration: underline;\"><strong>Tax Revenue Sharing Agreements for Jurisdictions<\/strong><\/span><\/a><\/p>\n<p>The City of Gardena has no revenue sharing agreements with businesses generating sales tax within its jurisdiction. However, the City does have a service agreement with Hinderliter de Llamas &amp; Associates (HdL Companies) to provide sales, use, and transactions tax audit and information services. Because HdL Companies is paid a percentage of sales tax revenue recovered as a result of its audit work, the CDTFA is requiring the City to report the service agreement as a tax revenue sharing agreement.<\/p>\n<p>The PDF of the City&#8217;s submitted report is available below:<\/p>\n<ul>\n<li><a href=\"https:\/\/cityofgardena.org\/wp-content\/uploads\/2026\/04\/Tax-Revenue-Sharing-Agreement-Reporting-Form-4-27-26.pdf\"><span style=\"text-decoration: underline;\"><strong>FY 2024-25 Tax Revenue Sharing Agreement Report &#8211; City of Gardena<\/strong><\/span><\/a><\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":839501,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-51336","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cityofgardena.org\/es\/wp-json\/wp\/v2\/pages\/51336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cityofgardena.org\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cityofgardena.org\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cityofgardena.org\/es\/wp-json\/wp\/v2\/users\/839501"}],"replies":[{"embeddable":true,"href":"https:\/\/cityofgardena.org\/es\/wp-json\/wp\/v2\/comments?post=51336"}],"version-history":[{"count":0,"href":"https:\/\/cityofgardena.org\/es\/wp-json\/wp\/v2\/pages\/51336\/revisions"}],"wp:attachment":[{"href":"https:\/\/cityofgardena.org\/es\/wp-json\/wp\/v2\/media?parent=51336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}