Despite ongoing pandemic, city sees uptick in some tax revenue
Published 1:19 pm Tuesday, September 15, 2020
According to August financial statements, some tax revenues were on the incline last month, despite the ongoing pandemic that has hit accounts across the state and nation.
August sales tax revenue came in at just over $901,480 compared to less than $800,000 during August 2019.
Lodging tax revenue was down by nearly $30,000 over August 2019 numbers, coming in at just over $23,330 last month, while tobacco tax was up slightly, coming in at more than $22,400 last month compared to just over $19,550 last year.
The slump in lodging tax revenue also hit lodging tax surcharge revenue, which goes to the YMCA – that revenue was down to just over $9,386 compared to nearly $14,000 last year.
Half-cent sales tax revenue was up by more than $12,000, coming in at just over $112,685 last month compared to just over $99,597 during August 2019.
Simplified seller-use tax revenue was up by nearly $40,000, coming in at more than $79,600 compared to just over $40,840 last year.
Municipal aid street gas tax revenue was down slightly last month at just over $16,176 compared to just over $16,822 during August 2019.
Rebuild Alabama gas tax revenue came in at just over $7,418, with over $5,300 from gasoline and over $2,000 from diesel.