Revenue boost: Audit collections help generate $342K for January

By Richard Greene | Published Saturday, March 10, 2018

Share this page...


For the second time in three months, the city of Decatur received a surprise boost in its monthly sales tax receipts with a large amount of audit collections rolling in.

The city received $46,406 in audit collections in the March disbursement to put its total receipts at $342,033.98 for sales taxes collected in January, according to a report from the state comptroller. With the audit collections, the sales taxes were up 20.58 percent over the first month of 2017 when the city brought in $283,636.10.

Decatur had another large sum roll in through the audit collections on the January report for November collections. The nearly $200,000 that month put collections at $543,892.

“I have no idea who it is [from]. It’s nearly a quarter of a million dollars in the past few months,” said Decatur City Manager Brett Shannon. “We’re mighty grateful, but also cautious. We’re not going to spend that for six months to see if we get to keep it.”

Even without the audit collections, the city had a strong start to the year, bringing in $294,287 in regular sales taxes – nearly $11,000 more than January 2017.

“We’re slowly adding businesses and have more projects on the horizon that could bring in sales taxes,” Shannon said. “We’re hopeful that 2018 is a good year.”

January collections were down from the traditionally strong sales in December when Decatur hauled in $410,117.

Bridgeport opened the year with a strong month in collections, bringing $166,485.27, a 9.76 percent jump from January 2017’s tally of $151.680.34. Bridgeport’s January total was only approximately $1,000 off its December figure of $167,538.

Wise County experienced a double-digit jump in revenue off its half-cent of sales tax, collecting $323,897.95 – 11.12 percent more than the $291,417.89 from a year prior.

Rhome had a 13.02 percent increase over January 2017, bringing in $46,156.35.

Seven cities – Alvord, Aurora, Boyd, Chico, Lake Bridgeport, New Fairview and Newark – started the year with sales taxes lagging behind the previous January.

Leave a Reply. Note: As of March 24, 2011, all posted comments will include the users full name. News and Blog Comment Guidelines

You must be logged in to post a comment.