Wilson sales tax figures take dip

Wilson County’s sales tax revenues in August showed a decrease for the first time in four months but remained significantly higher compared to the same time last year.
Sep 17, 2013

 

Wilson County’s sales tax revenues in August showed a decrease for the first time in four months but remained significantly higher compared to the same time last year.

The Tennessee Department of Revenue released Tuesday sales tax collections for Wilson County that showed totals for August decreased about $200,000 compared to July’s $3.62 million, but remained higher than June’s $3.1 million, May’s nearly $3 million, April’s $3.16 million, March’s $2.66 million and February’s $2.68 million.

The year started on a high with $3.87 million collected in January due to leftover revenues from holiday shopping.

Compared to a year ago, Wilson County’s sales tax revenues increased by nearly $600,000.

Lebanon again led the way with the highest amount of sales tax collections among Wilson County cities with nearly $1.6 million in August, which was down from $2 million in July and  $1.6 million in June but up from $1.5 million in May.

Mt. Juliet’s collections – more than $1.4 million in August – increased about $100,000 compared to June and nearly $240,000 compared to May. It remained behind January’s $1.67 million.

Watertown collections totaled nearly $24,000 in August, which was down from $26,000 collected in July and down from more than $30,000 collected in June, but was up about $4,000 compared to May figures.

Collections in unincorporated areas of Wilson County, at just more than $377,000, showed an increase of about $9,000 from July and more than $116,000 compared to June figures.

Sales Tax Revenues: At a Glance

The following are total sales tax collections by month in Wilson County for the past year:

August            $3.4 million

July                 $3.62 million

June               $3.1 million

May                 $3 million

April                $3.16 million

March             $2.66 million

February        $2.68 million

January          $3.87 million

December      $2.86 million

November      $2.7 million

October          $2.92 million

September     $2.81 million

August (2012) $2.8 million

Source: Tennessee Department of Revenue, Joint Economic Development Board of Wilson County

 

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