Sales-tax revenue in Mesa County up 4th straight month
Sales tax revenues for Mesa County jumped for the fourth-consecutive month in July, suggesting that the Grand Valley economy might be turning a corner.
More than $2.7 million in sales-tax money flowed into the county’s coffers in July, bringing total revenues so far to more than $17 million and marking a 4.9 percent increase over the first seven months of sales-tax revenues in 2016.
“It’s looking good,” County Administrator Frank Whidden said, but added he won’t seek to increase any spending until sales taxes hit a six-month win streak, so two months remain before the county might relax some of its capital spending constraints.
The county anticipated eating into reserves in its $57 million general fund budget and called on department heads and elected officials, except for the sheriff’s and district attorney’s offices, to cut spending by 5 percent.
The only retail sector to see continued revenue shortfalls is sporting goods, county records showed.
So far this year, revenues from sporting goods sales are trailing 2016 by $111,000 or 16 percent and they were down 23 percent from July 2016.
Mesa County hasn’t had a general sporting-goods store since the closure of Sports Authority in Mesa Mall in 2016.
Sales of clothing, food and beverages, gasoline, health and personal-care products and other retail sales all were up in July.
Sales tax revenues for the first seven months of the year exceeded budget estimates by 4.4 percent.
July’s 8.8 percent increase in revenues over the previous July follows increases of 9.9 percent in June-over-June revenues, 8 percent in May-over-May totals and 10.3 percent in April-over-April totals.