Sales tax up across county
Sales tax revenues are up all across Pike County through the first half of the fiscal year.
Not including internet sales tax (Simplified Sellers Use Tax) or the temporary 1.5 percent sales tax to fund construction of a new jail, the county has hauled in 11 percent more in revenue from October 2018 through March 2019 than it had in the previous year.
“It’s hard to pinpoint exactly why it’s so far ahead of last year, but it makes it very clear that people are continuing to shop locally in Pike County,” said County Administrator McKenzie Wilson. “It is a good thing to see an increase in sales in our county.”
The county has brought $485,027 in sales tax revenue so far FYE2019 compared to $431,842 in the same time period in FYE2018.
The City of Troy has seen a 6.7 percent increase in its revenue according to former city clerk Alton Starling.
Troy’s sales tax has generated $2.83 million in revenue so far this fiscal year compared to $2.66 million for the same period – an increase of $165,103.91.
“We are continuing to see positive growth in the economy with job creation, construction, and increased traffic from visitors, travelers and students,” said Mayor Jason Reeves. “The Shop Local campaign has certainly helped this growth and that means more resources for education, healthcare, and public safety as more dollars are spent in Troy. We are grateful to our taxpayers and merchants for all they do for our community.”
The city of Brundidge has also seen a slight increase in sales tax revenue.
Its 2 percent sales tax has risen 2.42 percent increase compared to last year, according to Brundidge clerk Britt Thomas.
In the 2019 fiscal year, Brundidge has generated $294,908.32 through February. Through the same time in the 2018 fiscal year, the city brought in $287,747.34.
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