UC sales tax collections differ little from May

By Amye Anderson
UCBJ Managing Editor

UPPER CUMBERLAND – Falling in line with May’s collection report, many counties in the Upper Cumberland saw little change compared to the previous month; reporting so-so sales tax collections for the month of June. 

Some counties, such as Pickett (32.5), Overton (17.1), and Smith (15.8), reported double-digit percentage gains in sales tax collections over the previous month. 

Pickett and Overton each have lead the UC region when it comes to reported sales tax collections. In the most recent quarter, those counties reported a 13.1- and 14.4-percent increase, respectively, over the previous year, noting a 22.3- and 10.8-percent change over the previous year. 

Meanwhile, Jackson (-28.3) and Van Buren (-19.1) counties reported double-digit losses percentage wise. 

Cannon (0.5), Fentress (-1.8), Warren (-2.8), and White (-4.8) counties each reported marginal sales tax collection losses while Clay (5.4), Cumberland (3.1), DeKalb (5.0), Macon (2.9), and Putnam (4.4) counties each reported marginal percentage gains in June sales tax collections.  

Counties June 2018 May 2018 Percentage Change
Cannon  $427,238 $429,206 -0.5
Clay $322,462 $305,826 5.4
Cumberland $4,687,668 $4,545,328 3.1
DeKalb $960,246 $914,221 5.0
Fentress $819,309 $834,547 -1.8
Jackson $179,017 $249,531 -28.3
Macon  $1,140,943 $1,108,317 2.9
Overton $994,527 $849,239 17.1
Pickett $290,502 $219,274 32.5
Putnam $9,154,749 $8,766,970 4.4
Smith  $1,126,148 $972,443 15.8
Van Buren $96,472 $119,313 -19.1
Warren $2,365,137 $2,433,049 -2.8
White $1,394,475 $1,464,213 -4.8
UC $23,958,893 $23,211,477 3.2
TN $770,578,000 $732,406,000 5.2
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Sales tax collections lag by one month. For example, June collections reflect May activity. Data are based on state sales taxes only, local option taxes are excluded. 

Amye Anderson is the managing editor of the Upper Cumberland Business Journal and can be reached via email. Send an email.

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