Jefferson City sales taxes fall behind
Wednesday, October 9, 2013
Jefferson City sales taxes have fallen behind projections again in what one city official calls a “disappointing” turn.
At the Parks and Recreation Commission meeting Tuesday, 2nd Ward Councilman Shawn Schulte said October receipts have come in with all city sales taxes coming in below projections. The city’s 1 percent general revenue sales tax was down $51,867 below October projections, Schulte said, resulting in the tax being down $55,000 year to date with only two months left in the fiscal year.
The city’s half-cent capital improvements sales tax also is down for the year, coming in $34,000 below projections for the year to date.
“Those numbers are a little bit disappointing,” Schulte said.
Bill Lockwood, director of the Parks, Recreation and Forestry Department, said the half-cent parks tax also fell short of projections for the month, with the total year-to-date collections
coming in just a little less than $12,000 below projections.
But Lockwood said checks continue to come into the department after the fiscal year ends, and he believes the tax will meet the department’s projections for the year.
“I’m still projecting about $5,000 over budget in revenue,” Lockwood said.
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