The original item was published from 5/29/2019 8:52:37 AM to 6/22/2019 12:00:05 AM.

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Posted on: May 29, 2019

May receipts totaled $187,854, which is an INCREASE of $3,955 from May 2018, or up 2.2%. Please look at the Graph II, “May 1% Sales Tax 10 Year History” in the attached report.
Sales tax receipts are up 3.7 percent for the first five months of 2019, or $845,711, which is $30,204 over the first five months total in 2018 of $815,508.
On a straight-line projection, sales tax budgeted for FY2019, with only five months reported, would project at $2,029,708 or $74,619 over our FY2018 actual amount of $1,955,089.
Also, on a straight-line projection sales tax budgeted for FY2019, with only five months reported, would project at $98,608 over our budgeted amount of $1,931,100; this would be 5.1 percent higher than the budget.
May 2019 amount is the second highest dollar amount for the month of May in the past ten years (see bar chart “May 1% Sales Tax 10 Year History).
The Compensating Use sales tax portion made up 10 percent of the $187,854 total ($18,788). See the bar chart on page three, “2019 Sales Tax – One Percent General Fund/Compensating Use Sales Tax and Sales Tax.”