City’s sales tax receipt trend continues to break records

YORK – The City of York’s sales tax receipts continue to break records compared to totals received since the city’s local tax was created.

For the month of June, the city took in $382,105.95 in local sales tax funds. This was the highest June total ever.

The receipts reflect transactions that took place in April.

Last June was the highest June – and this June’s receipts were $24,568.11 higher than last year.

The city has already taken in nearly $3.8 million in sales tax revenue, in this fiscal year. The fiscal year doesn’t end until October 1.

The city took in nearly $4.5 million in the 2021-22 fiscal year.

In the last 12 months, the city has taken in $5 million. That compares to $4.3 million in the previous 12 months before that.

The city’s sales tax revenue pays for city operations, which has allowed the local property tax levy to be much lower than what is seen in other First Class cities in the state. York’s property tax levy has been in the bottom five (having the lowest taxes) of all the First Class cities in the state for a number of years. First Class cities in Nebraska, besides York, include Kearney, Scottsbluff, Seward, Norfolk, Columbus, Schuyler, Fremont, Alliance, Blair, Grand island, McCook, Gering, Beatrice, Lexington, Wayne, Ogallala, South Sioux City, Plattsmouth, Crete, Hastings, Holdrege, Chadron, Papillion, North Platte, Gretna, Nebraska City, LaVista, Sidney, Bellevue and Ralston.

Regarding the LB 357 funds, the city took in $127,368 in June. These funds are used for special earmarked projects.

The state requirement for online sales to be taxed has helped increase the local revenue flow, as well as a strong economy and the influx of travelers/visitors who travel through and stay here.

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