no avatar

Sales tax revenue down slightly, snapping 18-month streak

By SCOTT SEITZ • Feb 22, 2016 at 7:00 PM

For the first time in about a year and a half, sales tax collected in Huron County was down slightly from the year before.

Auditor Roland Tkach just released the new numbers, which reflected November sales.

In the report, $760,709 was collected in sales tax in November, down from $773,643 the prior year.

“The sales tax pay-in for February 2016 (November sales) was down slightly from the same month a year ago,” Tkach said. “However, the year-to-date total is still ahead of last year by $23,591.”

Sales tax had been higher than the previous month for about 18-straight months, according to the report.

Tkach said there is no reason to panic.

“It’s just a little hiccup,” he said. “We will continue to monitor the situation going forward.”

Tkach said previously sales tax accounts for about 63 percent of the Huron County budget.

“This is a hiccup,” Tkach said again. “We’ll monitor this to see if the trend continues.

”It’s still above last year,“ he added. ”We’ll see what happens in the future.“

Huron County is coming off a record-setting year as far as sales tax collection.

The county, overall, is in good shape financial shape entering 2016, as it had a record $17 million general-fund budget and $3.67 million carry-over.

Mom-and-Pop stores accounted for 32 percent of the newest sales tax numbers, while big-box stores, such as Walmart, made up 25 percent.

Vehicle sales were at 21 percent of the total. Tkach likes that number to be about 25 percent.

Liquor sales figures were not part of the new report.

”Liquor sales were steady,“ Tkach said when asked

Norwalk Reflector Videos