November 2014 Sales Tax Collections

From the City of Central

    Sales tax revenues within the city of Central were up 7.7% in November 2014 compared to November 2013.   Sales tax revenues, excluding motor vehicle sales taxes, within the city totaled $409,707.51 for the month of November 2014.
    For the current fiscal year starting July 1, 2014 and ending November 30, 2014, sales tax revenues are up 8.13% compared to the same period in the 2013-2014 fiscal year.   Motor vehicle sales tax revenues are also up by 10.56%.  This represents seventeen straight months of sales tax increases for the city.
    The increase in sales taxes can be contributed to more citizens shopping locally as well as better reporting and auditing controls by the City-Parish, which collects sales taxes for all areas of the parish.  However, some businesses are not reporting their sales taxes timely.  As a result, the city of Central is working with the City-Parish to identify those businesses not reporting sales taxes or failing to submit sales taxes in a timely manner.  Additionally, some businesses are being audited to ensure that the sales taxes submitted are correct.