Sales tax quarter tops $160,000 first time

Third quarter has two top months on record

    After two record-setting months of Imperial city sales tax income, it’s no surprise the 3rd quarter of 2022 topped the $160,000 figure the first time on record.
    After July broke the highest one-month sales tax receipts of August 2021, August this year set another record for the $54,581.45 the city received. September was the lowest of the three months in dollar amounts, but the entire 3rd quarter finished with $160,566.55.
    August hosts the Chase County Fair in Imperial, and is a big boost to local business, with the number of people the week-long fair brings in.
    When the city receives its monthly receipts, the sales tax on vehicles is separated and placed in the street department.
    The rest is split 50/50 between the economic development and community development funds. The Imperial city council has final say for earmarking funds from both accounts.
    The city’s 1% sales tax is added to the state’s 5.5% for a total of 6.5% on eligible purchases.
    This year, Imperial is observing its 15th year since the city sales tax started in April 2007.

 

The Imperial Republican

308-882-4453 (Phone)

622 Broadway St

PO Box 727

Imperial, NE 69033