Archive for Thursday, January 27, 2005

City sales tax receipts increase by 63 percent

January 27, 2005

Revenue derived from sales tax receipts in the city of Basehor increased by more than 60 percent for fiscal year 2005, according to statistics released by the Kansas Department of Revenue.

From July to December 2003, the city received just $65,330 in sales tax; for fiscal year 2004, that number increased by 63 percent, equaling $106,518 from sales tax into city coffers.

The figures echo a trend the city has seen in recent years in which its sales tax receipts, while still well below figures from other nearby towns such as Bonner Springs, Lansing and Tonganoxie, have gradually increased.

The last two months of 2004, months in which the department of revenue lists its latest sales tax figures, indicate the city's receipts have increased versus the same November-December time period in 2003. While November 2004 brought only a modest increase, just 4.9 percent, against the same month in 2003, last month proved more plentiful.

November 2004 brought approximately $15,000 in sales tax against $13,913 in November of 2003. In December 2004, the city received $21,464 against $12,871 in December 2003, an increase of 66.8 percent.

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