UC sales tax revenues up

By Michelle Price
UCBJ Managing Editor

State sales tax up 9.7%, local sales tax up 19.9%

UPPER CUMBERLAND – June state sales tax revenue for the Upper Cumberland region was up 9.7% over the June 2019 receipts. The only county in the U.C. that did not report an increase was Cannon, which reported a 1.6% ($8,374) decrease over the prior year. Local sales tax collections for the region were up 19.9% and reported growth in all 14 counties.

The rural counties reported the largest increases in state sales tax revenue, with Jackson reporting an increase of 29.2% ($59,385) and Van Buren reporting an increase of 18.8% ($24,243).

Overall, the U.C. outperformed the rest of the state in retail sales growth. The statewide sales tax revenue was down 1.3%. 

Local sales tax collections showed double-digit growth everywhere in the region, except Smith (+ 2.3%). White had the biggest increase over June 2019 with revenues 42% higher. 

Of note, sales lag collections by one month. June sales tax collections reflect May retail activity.

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

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