Local sales tax collections up, up, up
Sales tax collections in Jackson County were up big time in February from the same month in 2016, according to information released in recent days by the Kansas Department of Revenue
Jackson County saw its sales tax receipts rise a whopping 12.2 percent from February 2016, when $132,374.08 was generated by the county’s 1.4-percent sales tax, to February 2017, when $148,563.64 was collected - that’s $16,189.56 more.
For fiscal year 2017 to date — between July 2016 and February 2017 — the county sales tax generated $1,134,604.34, which was a whopping 8.2 percent more than the $1,048,287.61 generated during the same time frame a year earlier. That’s $86,316.73 more.
This is great news!
Holton’s 0.75-percent sales tax brought in $55,692.87 during February, up a whopping 13.7 percent from the February 2016 collection of $48,988.37. That’s $6,704.50 more.
For FY 2017 to date, the collection in Holton totaled $425,468.78, a whopping 12.5 percent more than the $378,227.26 collected during the same period a year earlier. That’s $47,241.52.
Mayetta’s 1-percent sales tax generated $1,627.15 during February, up a whopping 15 percent from the $1,415.48 collected during February 2016.
The FY 2017 to date total of $12,993.20 for Mayetta was a whopping 20 percent better than the $10,826.37 collected during the same time frame a year earlier.
Local sales tax collections are a direct indicator of the amount of local retail activity occurring in your community. When local sales tax collections are up, business acitivity is increasing.
This is some of the best news we’ve had since the 2007-2008 economic meltdown years.
It will be interesting to learn how Holton, Mayetta and Jackson County elected officials plan to utilize the increased local sales tax collections.
Our community is busy and vibrant when others in the state are not doing so good. It’s a good time for the community.
You can keep it going by continuing to shop at home when you can.