Sales tax receipts on par with 2013’s

By The Mercury

Manhattan’s 2014 sales tax figures are on par with 2012 and 2013 through the mid-year point.

City finance director Bernie Hayen said the overall figures through July are flat compared with the same time period in 2012 and 2013.

The overall 2014 sales tax receipts total about $6.13 million, which is 0.9 percent lower than 2012’s total of $6.185 million and 0.7 percent higher than 2013’s total of $6.08 million.

Hayen often refers to 2012 as the banner year, when sales tax revenue exceeded $10.5 million.

The city had $905,241 in sales tax receipts in July, according to the July sales tax report. The report reflects sales from the previous month.

The city’s sales tax revenue is $32,521 lower than July’s budget and $4,874 behind the year-to-date budget.

Hayen described the report as “somewhat monotonous” as sales tax figures are up one month and down the next month compared to the budget.

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