Skip to content

The City Café

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

July Dist 2015

DOUG MACDONALD

Following last month’s 8.6% increase, the Tax Commission’s July 2015 distribution for the 1% local sales tax at $38.98 million was up 0.3% compared to a year earlier.  This is consistent with what we talked about last month:

 …it is possible that extraordinary inclusions of May transactions bolstered the June distribution; this would cut into next month’s distribution.”

A better gauge for the recent trend is the sum of the distributions for the last three months. which has increased 4.4%.  In addition, total distributions for first 11 months of  fiscal year 2014-15 are up 5.2%.

Nationwide, retail sales rose 2.7% in May, while new light-vehicle sales were up 6%. Disposable incomes were up 3.5% in May compared to a year earlier.

July 2015 Dist

Distributions in Salt Lake County (up 1.2%) for July 2015 were mixed.  On the plus side, Holladay’s distribution rose 13%, followed by South Jordan’s 4.1% and Salt Lake City and Draper’s 3.6%.  Distributions in Midvale, West Valley and West Jordan were less than in July 2014.

Distributions in Davis County (up 2.3%) were a bit stronger.  Farmington’s 9.3% gain was followed by a 6.2% increase in Kaysville and a 4% gain in Layton.  Bountiful and Centerville posted lower distributions.

Lower distributions were also found in most of Utah and Weber counties.

Resort cities (Moab up 14.4%, and St. George up 5.7%) fared better than most cities along the Wasatch Front.

Advertisements

%d bloggers like this: