Taxable sales limp across finish line for fiscal year
The increase in sales tax collections during the 2015-16 fiscal year rose by 1.6 percent in Douglas County to $653 million.
According to figures released in June, county merchants brought in $61 million during the month, a 6 percent drop from June 2015.
The county’s biggest category, food services and drinking places, dropped by nearly a quarter in June, collecting $13.6 million. In June 2015, the same category raised $18.1 million.
Despite the drop, restaurants and bars across the county managed a 10.3 percent increase for the fiscal year to $158.9 million. A strong winter helped increase sales at the Lake Tahoe casinos, which account for a large portion of the category.
General merchandise stores, which include both Douglas Walmarts and the Jacks Valley Target buoyed taxable sales in June, bringing in $8.7 million. That 5.3 percent increase is in line with the 4 percent increase in sales for the fiscal year.
Building material and garden equipment and supplies was the third largest category in June, bringing in $3.8 million. That’s up less than a percent compared to June 2015. The category finished the fiscal year 19 percent down at $36 million.
Merchant wholesalers of durable goods were down 6.6 percent to $3.6 million. The category dropped 7.3 percent compared to the previous fiscal year.
Given there is only one small auto dealer in Douglas County, motor vehicle and parts dealers did very well in June bringing in $3.5 million in taxable sales, up 17 percent over the same month in 2015. That kept the decrease for the category down to 5 percent to $37.1 million for the year.
Douglas County raised $952,566 in consolidated taxes and received $1.18 million from the state. Because the state guarantees a certain amount of revenue from other counties, Douglas received $230,744 to make up the difference.