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This year’s third quarter sales tax improves over 2018

    Third quarter city sales tax receipts this year took a big jump over the 2018 months of July, August and September.
    In the report from the Nebraska Department of Revenue, $118,622.54 was received by the city of Imperial for the third quarter 2019.
    That’s an increase of nearly $15,000 over the third quarter months in 2018.
    Receipts by month in this year’s third quarter were:
    July $40,051.37
    August $40,995.23
    September $37,575.94
    July this year saw the biggest increase of the three months when about $10,000 more in sales tax receipts were realized, compared to July 2018.
    December 2013 continues to hold the record for the largest single month of receipts at $46,559.94.
    Imperial’s sales tax has been collected since 2009, and is split 50/50 between economic development and community development projects. That split is made after the sales tax from motor vehicle sales is first deducted and placed in the city’s street fund as required by state law.
    Imperial adds 1% sales tax on eligible purchases. Added to the state’s 5.5%, that equals a 6.5% tax within the city limits.

 

The Imperial Republican

308-882-4453 (Phone)

308-882-5167 (Fax)

622 Broadway St

PO Box 727

Imperial, NE 69033