City reports dwindling tax collections

CORINTH — The City of Corinth’s sales tax revenue declined for a sixth consecutive month while the tourism tax enjoyed an increase during the latest reported month.

Corinth’s sales tax diversion deposited around Jan. 15 totaled just over $445,000, about $24,000 less than the same month a year earlier, a decrease of 5 percent.

The latest deposit reflects sales made in November.

For the fiscal year to date, Corinth’s sales tax proceeds total $1.7 million, a 5 percent decrease from the same point a year earlier.

The Daily Corinthian reports the tourism tax generated over $78,000, a 5 percent gain in year-to-year comparisons.

Close this Window Bookmark and Share This Page

Save to Browser Favorites / Bookmarks

Print RSS Feed Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BuddyMarks BUMPzee! CiteULike co.mments

Connotea del.icio.us Digg diigo DotNetKicks DropJack dzone Facebook Fark Faves Feed Me Links Friendsite folkd.com

Furl Google Hugg Jeqq Kaboodle kirtsy linkaGoGo linkedin LinksMarker Ma.gnolia Mister Wong Mixx MySpace

MyWeb Netvouz Newsvine oneview OnlyWire PlugIM Propeller Reddit Rojo Segnalo Shoutwire Simpy Slashdot

Sphere Sphinn Spurl Squidoo StumbleUpon Technorati ThisNext Twitter Webride Windows Live Yahoo!

Email This to a Friend

Copy HTML: 

 If you like this then please subscribe to the RSS Feed.

More »