Thursday, December 26, 2024
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Sales Tax Revenues Up 7.3% In November

November sales tax revenues across Putnam County increased some 7.3 percent over last year.

Putnam County and its four communities collected over $3.97 million in November. $3.1 million of those sales tax receipts were collected in Cookeville. Baxter and Monterey saw sales tax increases of at least 23 percent each in November. Baxter’s November receipts increased 30 percent over 2019.

Algood saw a 4.7 percent decrease in November.

Mayor Randy Porter said the sales tax numbers show Putnam County’s economy remains healthy.

Cumberland County sales tax receipts totaled more than $977,000 in November, almost $130,000 above the budgeted amount.

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