First quarter sales tax collections up
Local option sales tax revenue for the first three months of this year was up 5.6 percent over the same period one year ago.
The latest check the county received, which was for sales made in March, was $424,115.
The county also received a March pro-rata LOST distribution in the amount of $2,450 derived from unidentifiable sales and use tax payments made to the Department of Revenue. This gives the county a total of $1.3 million collected for the year.
The budgeted FY 2010 goal for local option sales tax receipts is $5,200,000.
“We have collected three months of receipts for 2010 plus the pro-rata distribution,” county fiscal analyst Logan Propes said. “As such, LOST is $5,159 or 0.4% above the FY 2010 budget for the period.”
SPLOST
The May special purpose local option sales tax (S.P.L.O.S.T.) distribution, for sales made primarily in March, is $680,436. Additionally, the county received a March pro-rata SPLOST distribution from the Department of Revenue in the amount of $3,906. This gives the county a total of $2.09 million collected for the year.
The county also received a March pro-rata LOST distribution in the amount of $2,450 derived from unidentifiable sales and use tax payments made to the Department of Revenue. This gives the county a total of $1.3 million collected for the year.
The budgeted FY 2010 goal for local option sales tax receipts is $5,200,000.
“We have collected three months of receipts for 2010 plus the pro-rata distribution,” county fiscal analyst Logan Propes said. “As such, LOST is $5,159 or 0.4% above the FY 2010 budget for the period.”
SPLOST
The May special purpose local option sales tax (S.P.L.O.S.T.) distribution, for sales made primarily in March, is $680,436. Additionally, the county received a March pro-rata SPLOST distribution from the Department of Revenue in the amount of $3,906. This gives the county a total of $2.09 million collected for the year.
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