City sales taxes surge ahead
Wednesday, February 12, 2014
After a rocky start, Jefferson City sales tax receipts are improving — a welcome sign in the early fiscal year.
At the Parks and Recreation Commission meeting Tuesday, 2nd Ward Councilman Shawn Schulte announced all of the city’s sales taxes came in above projections for February receipts, which reflect the December reporting period for sales taxes.
Schulte said the February receipts show the 1 percent general sales tax coming in at $789,830, putting the tax $63,046 ahead for the year to date. The city’s half-cent capital improvement sales tax also improved in February receipts, with the year-to-date totals now above projection by $26,613.
Parks, Recreation and Forestry Director Bill Lockwood said the half-cent parks sales tax came in more than $40,000 above projections for February receipts, putting the tax $30,109 above projections for the year to date.
“That’s a good sign we hope continues,” Lockwood said.
The city’s 2014 fiscal year started with all three sales taxes coming in well below projections for January receipts, which reflected the November reporting period.
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