City sees highest January sales tax receipts in history of local tax

YORK – The City of York saw its highest sales tax receipts for the month of January since the local tax was created.

For January, the city took in $405,138.36, which is the first time the local sales tax receipts exceeded $400,000 in this particular month.

Last January, the sales tax receipts came in at $377,517.37.

The sales tax receipts reflect transactions which took place in November.

It should be noted the city’s sales tax receipts for the fiscal year (which is moving into its fifth month) are down by $115,188.82 at this point. However, the current total is far ahead of what city officials budgeted.

There are still seven months left in this fiscal year, so there is plenty of time to rebound as well.

In the last 12 months, the city has taken in just over $5 million in local sales tax revenue. That compares to $4.8 million in the 12-month period before that.

For January, the city took in $135.046.12 in LB357 funds, which is generated by the local extra ½-cent sales tax. It is spent on specially earmarked projects.

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