Shawnee City Commission: Sales tax collections up for year
Shawnee's city sales tax deposit was reported this week to be $1,913,400.01 for February.
Ashley Neel, finance director and city treasurer, reports sales and use tax collections totaled $2,142,768.50 for February 2020.
“The overall budgeted increase for both sales and use tax collections for FY-2020 was a modest 0.75 percent based on conservative estimates of historical trends,” she said. “For the year, sales tax collections are up $643,527 or 4.39 percent over the projected budget year-to-date.”
Use tax collections are up approximately $567,276 or 49.70 percent over the projected budget year-to-date, she said.
Pottawatomie County's sales tax collections for February showed an increase in revenue over February 2019. Treasurer Wendy Magnus reported this month's collections totaled $702,308.84, up from the same month a year ago when $698,619.41 was received –– an increase of $3,689.43.