Friday, November 22, 2024
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Sales Tax Up Over 18 Percent In Putnam April Revenue Report

Sales tax collected across Putnam County in the month of February was up 18.1 percent compared to the same month last year.

The county saw the largest increase with 26.4 percent. Baxter and Monterey were close behind behind with 21.7 percent and 20.1 percent. Algood had a 18.7 percent increase and Cookeville a 16.9 percent.

Mayor Randy Porter issued the report Tuesday. The sales tax collected in February is reported as April revenue numbers.

Porter said this fiscal year looks to be another record breaker. With 10 months of the fiscal year recorded, the county overall is up 11.6 percent from last fiscal year, which was also a record setting year.

 

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