REINEKE FORD   ||   NEWS UPDATES

Hancock County sales tax collections increase again

Hancock County’s sales tax may be on track for another record year. If so, it will be the third consecutive year that collections have topped $12 million.

Auditor Charity Rauschenberg said sales tax receipts for February totalled about $2.1 million, beating last year’s number by 6.3 percent. Receipts in February 2012 totaled about $1.9 million.

“Last year at this time, we were up 3 percent,” Rauschenberg said.

February’s receipts reflect sales made in November. Next month’s sales tax numbers will be a good indicator of how local retailers fared at Christmastime, when poor weather may have slowed sales.

Collections topped $12 million for the first time in 2012. In 2013, the county collected $12.5 million, up 3.19 percent over 2012.

Hancock County collects a 1 percent sales tax, and one-fourth of the money is dedicated to flood control.

The county sales tax is collected by the state and then returned to the county, which accounts for the delay in reporting monthly figures.

Comments

comments

About the Author