STEVEN NALLEY
Revenue from Starkville’s sales tax and 2 percent restaurant taxes for September 2011 were stable compared with last September, with a slight increase in sales tax revenue and a slight decrease in 2 percent tax revenue.
The sales tax revenue total for the month was $467,034.81, up .74 percent versus September 2010’s revenue. The 2 percent restaurant tax revenue for the month was $124.999.30, down .02 percent versus September 2010’s revenue.
The sales tax revenues for September 2011 were still the highest September revenues on record, dating back to 1999.
Total sales tax revenues for 2011 through September add up to $4,009,025.79, ahead of January-September 2010’s total of $3,958,053.47. This keeps 2011 on pace to beat the annual Starkville sales tax revenue record of $5,317,568.11 set in 2010.
Restaurant taxes are also on pace to beat their annual record of $1,388,189.86, also set in 2010. Revenues for 2011 through September add up to $1,110,781.16, ahead of January-September 2010’s total of $1,048,660.58.
The stable September came immediately after a booming August for Starkville tax revenues. August 2011 revenue from Starkville’s 2 percent restaurant taxes set an all-time monthly record of $144,208.08, ahead of the $143,510.53 record set in March 2008. August 2011 marked a gain of 22.19 percent versus August 2010, and sales tax revenues for August also increased 7.15 percent between 2010 and 2011.
Read the complete article at Starkville Daily News.
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