UC sales tax numbers lag behind state

By Amye Anderson
UCBJ Managing Editor

UPPER CUMBERLAND – A few Upper Cumberland counties reported double-digit state sales tax gains in October but, overall, collections across the region are down by a tenth of a percent compared to the previous month.

The UC’s top two collectors – by percentage gains – for the month, Jackson (13.2) and Pickett (22.7) counties, were also the region’s only to report double-digit growth. Elsewhere in the region, counties reporting positive numbers – including Cumberland (1.9), Fentress (1.8), Macon (1.0), and Overton (6.3) – saw more modest growth.

Putnam, typically one of the region’s top collectors, held steady with no reported change.

Approximately half of the counties in the region reported a dip in collections including Cannon (-3.6), Clay (-11.4), DeKalb (-2.3), Smith (-6.8), Warren (-3.7) and White (-0.1).

The state saw a 4.0 percent improvement while the UC was down -0.1 percent, respectively.

Collections, considered just one measure of economic activity, are based on state sales taxes; local option taxes are excluded. Data lags by one month; for example, November numbers reflect October activity.

Counties October Year Prior Percent change
Cannon $347,585 $388,461 -3.6
Clay $219,529 $247,639 -11.4
Cumberland $4,161,584 $4,084,896 1.9
DeKalb $771,715 $790,172 -2.3
Fentress $765,689 $752,024 1.8
Jackson $169,963 $150,165 13.2
Macon $1,053,472 $1,042,648 1.0
Overton $926,686 $871,443 6.3
Pickett $224,668 $183,065 22.7
Putnam $8,096,179 $8,095,340 0.0
Smith $859,044 $921,653 -6.8
Van Buren NA NA NA
Warren $2,121,146 $2,201,909 -3.7
White $1,288,929 $1,333,079 -3.3
UC $21,033,189 $21,062,494 -0.1
TN $716,158,000 $688,893,000 4.0

Source: Compiled by the Upper Cumberland Development District from data published by the Tennessee Department of Revenue.

 

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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