Troy sales tax numbers up from one year ago

Published 9:14 pm Wednesday, September 8, 2010

Sales tax revenue for Troy is on the rise from a year ago, as revenue from the latest month collected sits at roughly $6.78 million, as opposed to the roughly $5 million collected last fiscal year.

City Clerk Alton Starling said that the difference is largely because of the one-cent sales tax that was not present last year.

However, the revenue generated by the one-cent tax is designated solely for maintaining Troy Regional Medical Center, which the city now maintains.

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He stressed that the difference is not much in the long run, and that sales tax revenue is important to the community’s economy.

“Every person has a different view of sales tax. How much goes towards the government and so forth,” said Starling.

Roughly $5 million is distributed to various government facilities such as the recreational department, while the hospital receives roughly $1,052,000 million to help support and maintain its operations.