By Wayne Allen
April 24, 2014
By Wayne Allen
The Scioto County Commissioners received communication this week from the Ohio Department of Taxation reporting the county’s portion of sales tax for February is up $64,229.36 when compared to the same period last year.
Chairman of the Commissioners Mike Crabtree called the news of the increased sales tax revenue for the month as “very favorable.” According to records obtained by the Daily Times from the Scioto County Auditors office, for the year the estimated sales tax revenue is currently $93,866.59 above estimates.
For April, the county will received $228,273.69, in January the county received $238,149. For 2014 the county estimated receiving $800,000, thus far the county has received half of the estimate with two more distributions left in the year.
In 2013 the county set a record with the amount of sales tax taken in with $11.126 million.
According to Scioto Auditor David Green, in 2013 September was the largest amount of permissive sales tax was received. That month the county received $10,207,109.97.
The last five years of permissive sales tax records show a trend: In 2008 the county anticipated receiving $9,181,869.84 and received $9,216,680.85, a positive difference of $34,810.51. In 2009, the county anticipated receiving $9,216,680.35 and received $8,983,647 a difference of negative $233,033.35. In 2010 the county anticipated receiving $8,963,647.00 and received $10,040,788.66, with a positive difference of $1,057,141.66; In 2011 the county anticipated receiving $10,040,788.66 and received $10,270,517.42, a positivedifference of $229,728.76; In 2012 the county anticipated receiving $10,270,517.42 and received $10,878,951.46, a positive difference of $608,434.04.
With the passage of House Bill 59 in 2013, the state’s sales tax was raised.
“State sales and use taxes are set to increase by one quarter of a percent to 5.75 percent. As a result the county’s permissive sales tax will increase one quarter of a percent from seven percent to 7.25 percent effective Sept. 1,” said Doug Coleman, Scioto County Commissioners vice chairman.
The Ohio Department of Taxation also recently released a report on local government distributions of the state’s casino tax revenue. The funds are disbursed quarterly throughout the year.
Wayne Allen can be reached at 740-353-3101, ext. 228 or on Twitter @WayneallenPDT