Friday, November 22, 2024
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Cumberland Co. Sales Tax Numbers Above Projections

Cumberland County’s sales tax revenues are still up over last year even with a slow month of collections in April.

Director of Finance Nathan Brock said despite being down by almost $11,000 dollars last month, the county is still ahead of expectations.

“Through April, we were at $58,000 dollars ahead of budget,” Brock said. “So, we hope that those numbers will improve, and we will know more when we get the sales tax report, which will be released on (May 20).”

Brock updated the Cumberland County Commission at their monthly meeting Monday night. He said other preliminary numbers are positive.

“The sales tax collections for the county, not including the municipalities, but it looks like some initial numbers look like there were some positive gains there on the county side. Remember, most of the sales tax is collected in the municipalities within Cumberland County.”

The sales tax collections in April are based on revenue generated in March.

Brock said one area of concern is the county’s hotel/motel tax that is coming in which is coming in around $255,000 dollars below projections. Brock said the COVID-19 pandemic has aided in the shortfall.

In other business, the Cumberland County Commission approved almost $16,000 dollars for a workplace safety grant from the Tennessee Risk Management Trust to purchase roof access safety ladders. They also voted to move $18,000 dollars of unassigned funds to repair plumbing issues at the Justice Center.

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