City sales tax revenue down

By Russell Hood

The Webster Progress-Times

 

Consumers spent about 10 percent less in Eupora this August than in 2012 while Mathiston will get a larger tax diversion from the state.

The city of Eupora collected $34,291 in sales taxes in August, a $3,645 decrease from $37,936 in August 2012.

Mathiston’s collections of $15,400 in August were up $419, or about 3 percent, over the $14,981 collected the same month last year.

The Mississippi Department of Revenue collects 81.5 percent of the 7 percent sales tax from municipalities and distributes the remaining 18.5 percent back to the municipalities over a three-month cycle. October reports reflect August collections.

The DOR also reports tax diversions by county. Those numbers show that since the state fiscal year began July 1, sales tax in Webster County increased 6.45 percent.

Collections are up by $918,633 in the county for July and August compared to 2012.

These figures reflect other municipal sales taxes collected on August sales with 2012 figures in parentheses:

• Maben: $5,287 ($6,322)

• Mantee: $2,245 ($2,857)

• Walthall: $1,819 ($2,069)