County Sales Tax Collections Rise - The Missourian: Local News

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County Sales Tax Collections Rise

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Posted: Saturday, May 18, 2013 4:00 pm | Updated: 2:58 pm, Mon May 20, 2013.

Franklin County sales tax collections are up by more than $200,000 so far this year compared to last, according to the latest report.

The report shows collections through April and states that collections are $202,856 ahead of the same time period last year.

Sales taxes are the county’s single largest source of income, accounting for 46 percent of the revenue.

For this fiscal year, which runs through Dec. 31 for the county, sales tax revenue has been projected at $15.6 million. That is the same amount as last year, and county officials have blamed the sluggish economy for the flat collections.

However, the increased collections through April could be a good sign. But Presiding County Commissioner John Griesheimer said it is hard to say whether the collections will keep going up this year, saying it is a “roller coaster ride.”

At this point, he said he still considers the collections to be flat. Too many factors can change between now and the end of the year, Griesheimer said.

Through April, the county has collected a total of $6.1 million in sales taxes.

Franklin County collects three half-cent sales taxes — capital improvements/road and bridge, law enforcement and general revenue.

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