City’s July sales tax receipts highest ever

YORK – The city’s July sales tax receipts came in as the highest monthly total in the history of the local sales tax.

The local sales tax was created in 1998 and has become the main income source for the city since then. The city’s sales tax revenue is used for municipal operations and has allowed the property tax levy here to remain among the lowest of all First Class cities in the state.

In July, the city’s receipts came in at $484,924.79, which was $78,917 higher than the receipts in July of 2022.

Several months in this fiscal year have seen figures over $400,000: $481,811 in October; $477,632 in November; $451,582 in December; $453,204 in February and $415,839 in May.

With two months left in this fiscal year, the city has already taken in nearly $4.3 million in sales tax revenue – which puts the trajectory at far exceeding last year’s record-breaking fiscal year total which was $4.4 million.

In the last 12 months, the city has taken in just over $5.1 million.

Regarding LB 357 funds, which are used for special earmarked projects, the city took in $161,641 in the month of July.

This month’s receipts reflect transactions which took place in May.

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