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The City Café

For those interested in sharing ideas and perspectives regarding local government.

DOUG MACDONALD

The November distribution, which came out last week and represents taxable sales for September 2013, was up 4.5% compared to a year earlier.  Statewide distribution totals were $44.31 million, up from $42.40 million in November 2012.  For the first three months of fiscal year 2014, the statewide 1% local sales tax is up 6.1%, fairly close to our forecast of 6.5% (which assume no more major fiscal problems due to the federal debt ceiling and budget).  The 6-month growth rate is almost 3% lower at 3.8%, suggesting that a realistic forecast still ranges between the low 2.4% pessimistic and 6.5% baseline scenarios.

Distributions among Utah’s major cities range between -3.6% (Tooele) and +15.3% (Farmington) in November.  In Salt Lake County, South Jordan’s distribution was up 7.6%, in contrast with its 3-month growth rate of 1.4%.  Draper’s distribution was up 5.1% in November and 12.4% for the first three months of fiscal year 2014.  Salt Lake City’s distribution rose 4.6% and it’s year-to-date growth is up 6.1% from last year.

Nov Sales Tax 2013

In Utah County, Orem led with a 6.6% gain, followed by Lehi at 4.8%.  Fiscal year totals ranged from 7.0% to 7.9% for Provo, Orem and Lehi.

In Davis County, the two largest cities, Layton and Bountiful, saw respective increases of 5.8% and 5.4%.

St. George distribution was up 7.5%, partially due to its housing recovery.

November Distribution 2013

 

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