September 23, 2015 September local option sales tax distribution up 6.8%
The Tax Commission will distribute $43.12 million this month, compared to $40.35 million last year, an increase of 6.8%. This is the first month of fiscal year 2015-16. Fiscal year 2015 finished out with a 5.3% increase with $518.1 million distributed for the 1% local sales tax.
Solid advances were made across Salt Lake County with SLC up 7.5%, Sandy up 6% and West Valley up 7.9%.
South Jordan’s distribution of $1.03 million was up 49%, implying a direct sales gain of 86.8% for July sales.
Except for Centerville, Davis County cities fared well too. Layton and Bountiful distributions were up almost 9%. Farmington and Kaysville’s distributions grew near 10% or more.
In Southern Utah, St. George’s distribution rose 8.9%, stronger than the recent past. Moab’s distribution rose a bit higher at 10.8%.
Also released by the Commission on the internet yesterday were second quarter taxable sales, which for Salt Lake County rose 5.6% compared to a year earlier (see chart below for industry breakdowns).