.....Advertisement.....
.....Advertisement.....

Sales taxes up in December

-A A +A
By Cindy Simpson

Could Rockwood’s best December in years for local option sales tax be another sign the economy is making a turnaround?

Or could the growing number of low-priced retail stores be a contribution, with shoppers tightening their belts, shopping local and spending less for more items?

Regardless, Rockwood city recorder Jim Hines announced revenue information to the Rockwood City Council Monday that included some good news.

He said the city saw the best December in 10 years, with almost $12,000 more in local option sales tax than last year.

Hines said he “suspects it was a good month for Walmart, and hopefully a sign that the economy is picking up.”

The end of this month should be the big one, reflecting Christmas sales, Hines said.

While local option sales tax is looking good, property tax collections are only at 37 percent thus far.

The city anticipated $600,000 and has received $222,300 last week, Hines said.

Collections may have been hampered by the late start in getting tax information out to the residents because it was a reappraisal year.

Those who paid during the early period after the city received its tax information received a 2 percent discount.