Douglas posts 5 percent sales tax increase in May
July 29, 2013
General merchandise stores, including Douglas County’s two Walmarts, posted a 21 percent increase in taxable sales during the month of May, continuing a streak into its fourth month.
With just one more month left in the fiscal year, Douglas County merchants were ahead 6.5 percent for the year, raking in $539.98 million.
May saw a 5 percent increase over the same month in 2012 with $45.58 million.
Four of the county’s top five categories posted increases during may, including food services and drinking places, the county’s largest category, with $9.8 million.
General merchandise stores brought in $7.6 million in taxable sales during the month.
Building materials and garden equipment was up 13.4 percent to $5.5 million, wholesalers of durable goods were up 11 percent to $2.85 million.
The fifth category, food and beverage stores were down 11.5 percent to $2.7 million.
Statewide taxable sales were up 6.1 percent in May to a total of more than $3.9 billion
Altogether, seven of Nevada’s small counties reported strong double-digit gains in May.
The strongest was Churchill County with $35.7 million in taxable sales — up 60 percent over the same month last year.
The vast majority of that increase was in the utilities category, which grew from $1.9 million a year earlier to $10.3 million.
But related categories including building construction, specialty trade contractors, electrical equipment manufacturers and wholesale durable goods also logged large gains.
In Lyon County, the growth was 27.8 percent to a total of just over $33 million.
Heavy construction, building supplies, auto sales and the food and beverage categories all contributed substantially to the gain.
Clark County reported a 4.7 percent increase to $2.8 billion with strong performances in several building trades and construction categories as well as auto sales.
Washoe had an 8 percent gain to $501 million in May.
Like Clark, Washoe had strong performances in a variety of construction categories, a 13 percent gain in auto sales.
Gross revenue collections for May were $308.1 million, a 6.6 percent increase over the previous May.
The General Fund portion of that, which goes to the state, was $78.1 million — a 7.27 percent increase.
That puts the general fund portion just under a half percent ahead of the projections made by the Economic Forum and used to build the state budget.