Flat April revenues don’t worry Town of Dillon | SummitDaily.com

Flat April revenues don’t worry Town of Dillon

summit daily news

DILLON – After a significant sales tax collection bump in March, April in the town of Dillon wasn’t nearly as strong.

“April is not traditionally a strong month for the town of Dillon,” said finance manager Carri McDonnell. “We were essentially flat. We were down $676 for April, which is 0.28 percent. Year-to-date, Dillon is still up 2.5 percent, which is about $34,000.”

According to McDonnell, Dillon’s funds bounced up significantly in March – 11.3 percent. The jump is largely attributed to a substantial fund infusion from a late payer dating back to 2003.

“Projections are still in line,” she said. “There are no changes to the budget. Summer numbers will be important to determine what direction the economy is going. We won’t make any decisions about addition changes in the budget until after we receive those numbers.”

Over the past six months, February and April have been the only months seeing any sort of loss in Dillon. The dip in this February’s tax in-take was attributed to a late-filer in February 2009.

For April, McDonnell reported collections being up only in its retail sector. Lodging and restaurants were down.

Retail was up 5.8 percent, or $9,500; and it was up for the year by 4.6 percent, or $40,675. Lodging was down 18 percent, or $1,900; Year-to-date it was down 8.4 percent, which is $7,100. Restaurants were down 6 percent, or $2,400; Year-to-date, it was however up 4.6 percent, or $9,370.

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.

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