Douglas taxable sales on pace to break even

Of the three sales tax categories most associated with the Stateline casinos, only food services and drinking places showed an increase in May, according to the Nevada Department of Taxation.

According to figures released at the beginning of August, the 122 bars and restaurants in the county reported $10.29 million in taxable revenue.

Accommodations at the four properties filing in the sector raised $3.17 million in taxable sales, down 4.7 percent from last year. The score of amusement, gambling and recreation providers in the county posted a 25.6 percent decrease, bringing in $2.14 million.

The county’s 5,876 merchants reported $89.54 million in taxable sales during May, down 5.6 percent from May 2022. The county’s merchants haven’t collectively reported a positive month since October.

The county remains ahead 1.8 percent at $994.8 million for the first 11 months of the fiscal year. With only one month left in the first year Douglas has gone without being subsidized by the state, it appears taxable sales will at least break even with 2021-2022.

The 64 general merchandise stores in the county, which include both Walmarts and the Target, raised $10.1 million during May, down 3.1 percent from the same mothing in 2022.

Online shopping saw a 3.9 percent increase to $8.9 million from last year, while miscellaneous retailers were up 4.2 percent to $2.49 million.

Sectors related to new home construction, including building material, garden equipment and supplies, furniture and home furnishings and electronics and appliance stores all saw a slowdown in May. Building materials were down 12.4 percent to $6.4 million, furnishings were down 10.7 percent to $1.66 million and appliances were down 17 percent to $1.8 million.

The county’s 99 motor vehicle and parts dealers reported $5.4 million in taxable sales, down 15.6 percent from last year.

Merchant wholesalers of durable goods reported a 22.7 percent decline to $7.39 million. Machinery manufacturers in the county saw taxable sales more than double in May, with $2.58 million.