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Comptroller reports sales-tax dip, audit recoveries and monthly reporting plan
Summary
Comptroller Gallagher told the Ways and Means Committee that year-to-date sales tax collections are $57.6 million (a 2.46% decline), cannabis and occupancy tax receipts require clarification, interest earnings are tracking at roughly $3.5 million, and audits have recovered about $200,000 in additional revenue.
Comptroller Gallagher presented the office’s June financial update to the Ways and Means Committee on June 12, reporting on tax receipts, interest earnings and ongoing audits.
Gallagher said year-to-date sales tax receipts through April total $57,600,000, a 2.46% decline from the same period last year, and that collections appear to be improving after a weak February. On cannabis tax, the controller said the county received $96,760 from the state controller’s…
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