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County Sees Growth in Sales Tax Revenue

Cities depend a lot on income from sales tax revenue, but counties do pick up some money from sales as well. Nevada County has seen some good numbers for the third quarter of 2014…

Listen to Ryan Gruver 1

Ryan Gruver is a management analyst with the County C-E-O’s office. He says, though, that those numbers will flatten out a little bit for a number reasons, largely because of the drop in fuel prices and the less tax generated because of it. Gruver says sales tax numbers are much more important to cities than counties because that’s where the shopping centers are…

Listen to Ryan Gruver 2

Gruver says, though, that another reason for a sales tax uptick is that online retailers like amazon dot-com are now required to report sales taxes based on where items are shipped. Incidentally, the state sales tax rate is seven-and-a-half percent. One percent of that money goes back to the point-of-sale (either the city or the county). The state keeps the rest.

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