Researcher ORCID Identifier

0009-0009-3576-1022

Graduation Year

2025

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Mathematical Economics

Reader 1

Nicholas Kacher

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2025 Kate M Katen

Abstract

This report forecasts Claremont’s sales tax revenue through 2026 using data from 2010–2024 and accounts for economic trends, consumer behavior, and COVID-19 recovery. Revenue is projected to grow by 3.32% in 2025 and 3.70% in 2026, led by the auto and hospitality sectors. Our model outperforms the City’s 2% baseline and incorporates key variables like unemployment and weather. To boost revenue, we recommend implementing policies supporting local businesses and improved data collection to enhance future forecasts.

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