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Shawnee reports small dip in January sales-tax collections; updates on 2018 half-cent capital tax spending
Summary
City finance reported a 1.96% decrease in January sales-tax collections year-over-year and provided a quarterly update on the 2018 half-cent sales tax allocations and recent capital projects funded from the levy.
Shawnee — Finance Director Kimberly Smith reported the citys sales-tax and special half-cent capital tax results on Jan. 20, showing a modest decline in January collections and ongoing capital investments funded by the 2018 half-cent tax.
Smith said the sales tax receipts for January totaled $2,652,182.60 (including $3,877.21 in interest), reflecting a 1.96% decrease compared with January of the prior year. She told the commission the figure represented estimated December sales and that January collections were 2.82% below conservative budget projections for the month but 1.10% above year-to-date collections.
Smith also presented the quarterly update on the 2018 half-cent sales tax (a voter-approved measure effective Oct. 1, 2018, scheduled to expire Sept. 30, 2028) that dedicates 25% to public safety, 25% to streets and roads, and 50% to parks and public facilities. Since inception the tax had collected about $23.5 million through January collections, and the city reported investing $25.1 million in community projects through December. Recent expenditures include repairs and improvements to the Santa Fe Depot and Fire Station No. 3.
Smith said quarters can show swings from month to month and presented project status updates for sidewalk projects, the parks master plan, and repair work at the expo center and library. No new allocations or ordinance changes were proposed during the presentation.
