Sales Tax Income and Method of Collections for local towns.
Sales Tax has a three month cycle. Month one - tax is collected by the retailer; month two, tax is reported/paid the Tax Commission by the retailer; and month three, sales tax diversion is paid by the Tax Commission to the cities. This report is based on the month the tax is collected at the Tax Commission (month 2) for the month of June 2011
Area Sales Tax collection were as follows:
Budgets are based partially on these tax incomes which are most always 90 days in the rear.