Tax report shows strong holiday sales

By The Mercury

The city collected $845,712 in adjusted revenue from sales-tax receipts for February, about $34,000 more than the city collected at the same time last year.

Manhattan actually took in $923,690 in gross receipts but the adjusted figure represents collections taken from the north end redevelopment area.

Bernie Hayen, city finance director, said the sales-tax report showed strong retail sales during the 2011 holiday season, especially in December. 

Hayen said nearly all major retailers, auto dealers and Manhattan Town Center Mall stores remained up compared to the same period a year ago. 

The city’s finance staff, he said, also is upbeat with this month’s numbers since they showed the city nearly $250,000 ahead of budget projections — just two months into the new budget year.

Manhattan collected $892,532 in adjusted revenue and $969,391 in gross receipts in January.

The sales-tax receipts generally reflect purchases made two month ago because of the lag time in processing.

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