Ashland City Administrator Lyn Woolford reported to the Ashland Board of Aldermen last week that the city continues to have a good year in sales tax collections.
At their Tuesday, Sept. 20 Board of Aldermen meeting, Woolford said the city’s sales tax year-to-date was $169,317, compared to $144,533 a year ago – a $24,784 increase.
“That’s the way we want to see that continue to go up,” Woolford said.
The 15% increase might be attributed to a number of things, but also might be a part of last year’s dip in city sales tax. Compared to Year-End 2015, for the same period, it is only a 5% increase over the $161,629 collected for the same period.
However, the city is on pace to collect a record amount of sales tax and could top the $400,000 mark for the first time.
The city’s capital tax collections are on the upswing as well.
Capital tax collected to date is $78,315, compared to $65,798 – a 16% increase over the same period a year ago.
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