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The Rolla Daily News - Rolla, MO
  • County sales tax deposit slightly up this month

  • Phelps County’s sales tax receipts for the month of July were slightly up compared to the deposit received by the county last July.
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  • Phelps County’s sales tax receipts for the month of July were slightly up compared to the deposit received by the county last July.
    County Treasurer Carol Green presented updated sales tax figures to county commissioners Thursday morning.
    The county’s share of sales tax was up 0.43 percent in July 2013 compared to July 2012.
    The county’s sales tax deposit for last month was down by 12.11 percent compared to June 2012.
    Sales tax receipts received by the county in May 2013 were up by 27.88 percent compared to May 2012, the most positive difference so far this year.
    In April 2013, the county’s receipts from sales tax were down by 7.19 percent compared to April 2012. Sales tax receipts in March also were down by 12.86 percent compared to March of last year.
    The county’s deposit in February of this year was up by 24.14 percent compared to February of 2012 and January’s deposit was down by 16.61 percent compared to January 2012, the largest negative difference so far this year.
    It was noted that when comparing the months from 2012 and 2013, the reduction for TIF (tax increment financing) payments to the City of Rolla for Kohl’s had not started until May of 2012.
    This year so far, county sales tax is down compared to last year by 3.50 percent, and when comparing the time frame from August 2012 to July 2013 and August 2011 to July 2012, known as a rolling 12-month change, the rate is down by 2.18 percent.

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