City sales tax receipts continue to be less than last year, but still second highest in history for month

YORK – While the city’s sales tax receipts were less this month than they were last December, they were still the second highest in the history of all December receipts since the local sales tax was created.

The December receipts reflect transactions which took place two months ago – so transactions that happened in October.

The receipts for this month came in at $408,534.80, compared to $451,582.29 in December of 2022. It should be noted that last December was the first time that month’s receipts went over $400,000.

The city’s fiscal year started on Oct. 1 and since that time, the city has already taken in $1,268,215.84.

While the 3-month total is down $142,809 compared to the same time period last year, the figures continue to be record breaking compared to prior years.

In the last 12 months, the city has taken in just over $5 million in city sales tax receipts. That compares with $4.7 million in the prior 12-month period.

In December, the city also took in $136,178.27 in LB 357 receipts, which is the extra, special ½% sales tax which is earmarked for special projects.

 

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