June sales tax collections up from June 2009
Finally, an inkling of hope that Grand Junction consumers may be feeling more comfortable about dipping into their wallets.
For the first month this year, sales tax collections in June in Grand Junction were slightly higher than the previous year, according to city figures.
All sales and use taxes collected in May are reported as June sales, and the $3,858,712 in June this year eclipsed the $3,821,226, collected in June 2009. The change represents a 1 percent increase in collections year over year.
Sales tax revenues had been on the downward slide since May 2009, with the biggest dip in collections reported for this January, a 22.7 percent decrease.
May’s sales tax revenues were 5.8 percent less than city officials anticipated in budgetary projections. The city budgeted $4,095,459 for June.
According to a second-quarter sales-tax-revenue breakdown, the only areas of increases in sales were confined to automobile and camper sales, stores at Mesa Mall and sales of citywide services such as Xcel Energy use, Bresnan Communications and the Department of Motor Vehicles.