Dillon’s sales tax collection bumps back up in May | SummitDaily.com

Dillon’s sales tax collection bumps back up in May

summit daily news

DILLON – After flat funds in April, the Town of Dillon’s sales tax collection is on the upswing again.

“In May, we were up 3.9 percent, or $9,200 up,” said finance director Carri McDonnell. “The total collection was $243,610 in May.”

May’s slight increase was attributed overall to late filers.

Year-to-date, Dillon’s funds are up 2.5 percent, or $44,000. This is good news, as it means the town has a balance bigger than its current budget, a small cushion.

“We planned on a flat year,” McDonnell explained.

“May is not a very large month for us, so any increase is good,” she added. “We’re holding steady, and waiting for the summer numbers to come in.”

Dillon’s funds also bounced up significantly in March – 11.3 percent. This jump was largely attributed to a substantial fund infusion from a late payer dating back to 2003.

According to McDonnell, despite seeing an overall increase, lodging, restaurants and retail were all down in May.

Lodging was down 17.5 percent, or $1,600 in May; Year-to-date, it was down 9 percent, or $9,600. Restaurants were down 5 percent for May, or $1,800; Year-to-date, it’s up 3 percent, or $8,500. And retail was down 1 percent in May, or $2,200; Year-to-date it was up 3.8 percent, or $44,200.

If Dillon’s revenues remain flat to 2009 numbers, the town will meet its 2010 budget.

SDN reporter Caitlin Row can be reached at (970) 668-4633 or at crow@summitdaily.com.

Support Local Journalism

Support Local Journalism

As a Summit Daily News reader, you make our work possible.

Now more than ever, your financial support is critical to help us keep our communities informed about the evolving coronavirus pandemic and the impact it is having on our residents and businesses. Every contribution, no matter the size, will make a difference.

Your donation will be used exclusively to support quality, local journalism.

For tax deductible donations, click here.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User