Personal income in California grew at a slower rate last year, compared to 2015. But at 3.1% for Nevada County, Assistant County CEO Martin Polt says it’s a fairly stable rate and points to what he describes as a “steady as you go” local economy. He says personal income tax is a huge revenue generator and represents about 70% of the state’s tax revenue…

click to listen to Martin Polt

Polt also points out that with more disposable income, it’s hoped that residents will spend a little more at local businesses, resulting in more sales tax revenue…

click to listen to Martin Polt

That includes the county library, public transit, and health and human services. According to the U.S Bureau of Economic Analysis, most counties in California saw a personal income growth of around 3%. Nevada County had the 32nd highest personal income increase among the state’s 58 counties. Placer County had a 2.8% increase.