Taxable sales flat compared to last year | RecordCourier.com

Taxable sales flat compared to last year

Staff Reports

Douglas County merchants brought in $62.2 million in taxable sales during August, $7,053 less than the same month in 2015, according to figures released by the Nevada Department of Taxation on Wednesday.

The second month of the fiscal year, saw taxable sales up 4.2 percent so far.

A bright spot in August was the county's largest category, food services and drinking places, which was up 11.5 percent compared to August 2015 bringing in $15.9 million.

The county's second largest category, general merchandise stores, reported $8.6 million in sales, up just 3.3 percent over the prior year.

Merchant wholesalers of durable goods posted a 36.2 percent increase over the prior year to $4.45 million.

Food and beverage stores were up 5.7 percent to $3.36 million, while building materials and garden supplies were up 18.3 percent to $3.33 million.

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Motor vehicle and parts dealers were down 8.4 percent to $3.31 million.

Douglas raised $974,876 in consolidated tax, but received $1.2 million. As a guaranteed county, Douglas gets a certain amount from the state no matter how much it raises.

Another source for of revenue for the county is taxing gaming revenue, most of which comes from the Stateline casino corridor.

On Thursday, the Nevada Gaming Control Board released figured indicating Stateline's casino win was up 2.27 percent in September 2016, raking in $21.7 million. That puts the casinos up 16 percent in the first quarter of this fiscal year.

According to the state, Carson Valley casinos were up 1.54 percent for September to $8.8 million. The area includes the East Fork and Carson City townships.