CARBONDALE — Retail sales tax collections here took a dip in September, coming in at about 2 percent less than collections for September 2012 ($288,450 collected this year, $294,803 in 2012), according to the third-quarter financial report from the town’s finance office.
For the overall year to date, sales tax collections have amounted to about $2.5 million, exceeding general fund expenditures by $565,000, as described in the report. That is compared to $2.45 ($2,454,015) million at the same time in 2012, an increase of just under 2 percent from last year to this year.
The two best months for sales tax collections this year so far have been July and August.
Collections were nearly 6 percent higher in July 2013, at $328,103, than in July 2012, when collections came to $309,677. In August of this year, collections totaled $329,772, or more than 4 percent better than in August 2012, at $316,440.
For most of the other months this year, collections have been limited to between $211,000 and $288,000, except in January, when sales tax proceeds came in at $341,574.
According to Finance Officer Renae Gustine, monthly collections so far this year have averaged just over $275,000, compared to an average of $272,600 per month for all of 2012.
The two healthiest sectors of the Carbondale economy were retail and food service, according to the report. Collections from the retail sector so far in 2013 have exceeded collections for the same periods in 2012 and 2011, and have essentially matched the retail sales tax proceeds for September 2010.
As of Sept. 30, according to Gustine’s report, the town had a total cash balance of nearly $14.8 million in all of its different funds, the largest of which are the general fund at $6.1 million, the wastewater fund at $5 million and the water fund at nearly $1.4 million.