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Sunday, February 12, 2017

Garden City Sales Tax Report


Anita Weston, Reporter
Rich Civic Times 

GARDEN CITY, February 9, 2017.  Bob Peterson was asked by Mayor Spuhler to look into sales tax and resort tax monies from 2014 through 2016. 

The following chart shows the sales and resort tax figures:

SALES AND RESORT TAX
Sales and Resort Tax
2014
2015
2016
Direct POS* Sales Tax
192,000.74
215,826.69
259,317.25
Garden City Sales Tax
144,697.24
158.020.46
181.148.96
Direct POS* Resort Tax
275,928.56
308,860.90
375,449.19
Garden City Resort Tax
272,423.73
302,107.76
366,606.99
*Point of Sales

POS of sales for 2015 was an 11.7% increase over the previous year.
POS Sales for 2016 was a 20.1% increase over 2015.
POS Resort for 2015 is an 11.9% increase over 2014.
POS Resort 2016 was a 21.6% increase over 2015.

The following table shows Rich County Tax Revenues:

Tax Revenues
2012
2013
2014
2015
2016
General Property Tax
$1,173,793
$1,150,010
$1,142,521
$1,160,109
??
General Sales & Use Tax
$83,172
$86,461
$28,369
$99,826
??
Transient Room Tax
$116,724
$159,727
$186,527
$223,000
$289,221.62
Restaurant Tax
$32,986
$40,889
$35,172
$57,758
??
Option Sales Tax
$80,154
$84,407
$74,791
$95,767
??
    Total Tax
$1,536,829
$1,521,494
$1,467,380
$1,636,460
??



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