City sees increase in sales tax collections
Published: November 21,2011
NATCHEZ — Sales tax collections for October in Natchez were up approximately 6 percent from last year.
The city collected approximately $419,000 in October this year, up $26,000 from the approximately $393,000 the city collected during October 2010.
Sales tax numbers are reported two months after the fact. The October revenue reflects sales tax collected in August.
Natchez City Clerk Donnie Holloway tells The Natchez Democrat the local economy appears to be picking up, and more people around town are spending more than they were last year.
Holloway says there were also conventions and other events in August that helped increase sales tax collections.
She says the outlook for November and December sales looks promising.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Source: Bryant has offered Glenn McCullough MDA job
- College Board names Glenn Boyce as higher education chief
- TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- Deepwater Horizon Five Years Later — Restoring the Mississippi coast starts with a strong foundation
- PHIL HARDWICK: The third grade reading gate, book buddies and school principals
- Chancery Court’s interpretation of ‘public use’ will guide ruling on Westin money
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)
- THE SPIN CYCLE — Key results from Pew’s social media survey