Longmont's sale-tax revenue up 8%
Last Updated: 16:38 October 15, 2013
Collections in September, representing those August sales, were $4,465,719, up from $4,136,688 a year ago. The number also marked a slight increase over August collections of $4,248,327.
The sales-tax component increased by 7.3 percent over the same month a year ago, while the use-tax collections increased by 12.6 percent.
Year to date, sales tax revenue is up 6.5 percent, and use tax is up 3.0 percent.
Lodgers' tax collections experienced another healthy jump, increasing 17.7 percent compared with the taxes collected in September a year ago. But professional tax collected - from accountants, ad agencies, attorneys, doctors, Realtors, etc. - had the biggest jump, going from $63,538 a year ago to $97,621 this year. Most of that increase was due to an increase in professional use-tax revenue, which went from $11,246 to $46,337.
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