Rifle sales tax receipts creep upward | PostIndependent.com
YOUR AD HERE »

Rifle sales tax receipts creep upward

Heidi Rice
hrice@citizentelegram.com

RIFLE — The city is “holding its own,” according to finance director Charles Kelty, with a slight 3 percent increase in sales tax revenue from September 2013 to September 2014.

The biggest increase in revenue was seen in the oil and gas fund at 49 percent.

“We had two companies and one upgraded their system and production,” according to Kelty.

On the down side, hardware tax receipts were down 71 percent in September 2014 compared with last year. Sales tax compensation in 2013 was $61,426, but just $17,606 in 2014.

“That includes companies that didn’t report on time,” said City Manager Matt Sturgeon.

The total sales tax receipts for 2013 were $5.62 million and is scheduled to come in at $5.75 million for 2014.

“Overall, I think we’re in good shape — we’re holding our own,” Kelty said. “The glass is half full. The biggest challenge will be how we work out the new water treatment plant.”


Support Local Journalism

Support Local Journalism

Readers around Glenwood Springs and Garfield County make the Post Independent’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

For tax deductible donations, click here.
 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User