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Gasconade County sales tax revenue hints at improving local economy

Posted on Tuesday, April 18, 2017 at 1:16 pm

The Gasconade County Courthouse.

Gasconade County government administrators are hoping the latest sales tax revenue check is even more evidence of an improving local economy.
For the second straight month, the sales tax revenue shows an increase above the amount received for the same month a year ago.
Reflecting sales made within the county in March, the April check from the Missouri Department of Revenue is for $73,569, compared to $69,421 received in April 2016. As noted by County Treasurer Mike Feagan, this is the largest April check in the last five years. The check received in April 2012 was for $73,935, the largest in the last six years.
For the year, the county’s general sales tax has produced $315,545, compared to $299,195 during the same four months last year.
The January check, reflecting sales made in December 2016, was more than $9,000 larger than the check received in January 2016, providing a spark of optimism to county officials who, at the time, were putting the finishing touches on this year’s operating budget.
However, revenue took a slight downturn with the February check about $1,500 less than the previous year’s February reimbursement.