November - 2009 Edition: Some information may be out of date.
Sales Tax update
The following data was released Oct. 20 and included in the October Economic E-newsletter. New data will be available at fcgov.com/salestaxreport Nov. 20.
September Sales and Use Tax Collections
September sales tax collections are based on retail sales that occurred in July
$5,327,070, a decrease of 8.4 % compared to September 2008. The September collections are $75,755 lower than the amount expected according to the sales tax seasonal patterns.
Nationally, retail sales declined 6.0% for the same reporting period.
Use Tax collections:
$530,958. Collections decreased 28.6% compared to September 2008. The City is behind budget projections for the month by $311,238 when compared to historical data.
Use tax receipts for Building Permits declined 56.5% compared to September 2008.%
Residential Permits pulled:
14 permits were pulled. There were 55 permits pulled for remodels. In September 2008 there were 37 new permits pulled, with 51 remodel permits.
Commercial Permits pulled:
1 new permit, 15 permits were pulled for remodels. In September 2008 there were 0 permits for new construction pulled, with 17 remodel permits.