May 4, 2015 Local Option Sales Tax: April Distribution Falls Nearly 1%
April’s local 1% distribution came up on the Tax Commission website last week and at $35.98M was off 0.8% compared to a year earlier. Even though the last two distributions were flat compared to last year, the 13.0% gain in February’s distribution pushed up the 3-month average to a 5.5% gain. For the fiscal year, the statewide distributions are up 5.6% compared to fiscal year 2014.
Nationwide, retailers sales were up 1.7% in February, with fairly strong auto sales.
Salt Lake City’s computed sales were up 10.1% in the April distribution, representing largely sales from February. Its distribution was up 4.7% for the month and up 5.8% for the fiscal year. Sandy’s distribution was up 5.3%, implying a direct sales increase of 11.4% for February. The distribution in Draper was up 16.4% in April, implying a 33.6% gain in sales.
In Davis County, Centerville’s distribution 7.6% gain led other cities. Layton and Farmington trailed Centerville with 3% gains.
In Weber County, Ogden and Roy’s distributions fell about 1%.
Lehi’s sales rose 17.6% in April, similar to Draper’s 16% gain, indicating strong growth is clustering there due to an influx of new businesses and homes.
Sales in St. George, Tooele and Moab rose between 5% and 8%.