Phelps County Treasurer Carol Green presented the sales tax revenues for Oct. 2018, which had a drop compared to September's sales tax revenue.
“The ironic part about it is we have a negative for the month to date, but if you go to the rolling 12 last month it was 4.4 percent, I thought it was quite peculiar that when you roll your 12 months, you can jump up. It happens every once in a while,” said Green.
The sales tax revenues for Oct. 2018 are $228,419.75 for County Revenue and $171,315.38 for Law Enforcement Sales Tax – these were down 1.46 percent in the month-to-month comparison, yet still up 4.61 percent in the rolling 12-month comparisons.
There was an increase of 2.23 percent in the year to date comparisons.
Green was informed from county treasurers of their sales tax revenues, which illustrated a negative trend throughout the 20 Missouri counties in contact with Green.
Dent County sales tax revenues were down 30 percent, Osage County was down 33 percent and Lincoln County was down 32 percent, according to Green.
“Three out of the 20 counties were positive just a little bit, like 2 percent and 5 percent. All of the rest were down,” said Green. “The good news is out of these 20 everyone is saying they are positive year-to-date, which I see as a good indicator across the state.”
“Laclede County was down 9 percent this month, and their year to date is up 11 percent, and I always kind of go to those for comparison. Maries County our neighbor was down 1.07 percent for the month but up 4.8 percent, up higher than us year to date,” said Green.
The sales tax revenues for Sept. 2018 were $314,199.02 for County Revenue and $235,648.85 for Law Enforcement Sales Tax – these were up 18.87 percent in the month-to-month comparison and up 4.41 percent in the rolling 12-month comparisons.
There was an increase of 2.64 percent increase in the year to date comparisons.