California – Fullerton City Council to Discuss Sales Tax and Cannabis at its July 7 Meeting

Needing to fill in millions of dollars of a deficit that could grow even larger, Fullerton leaders are looking at putting a city sales tax up for voters’ consideration in November and legalizing cannabis manufacturing and dispensaries. Even before the Continue reading California – Fullerton City Council to Discuss Sales Tax and Cannabis at its July 7 Meeting

Texas – In Some Places in Texas, Sales Tax Revenues Have Risen During the Pandemic

San Marcos and other cities have found a way to keep money flowing into their accounts in spite of the economic shutdown: the international shopping venue known as the internet. Online stores have remained open in this season of the Continue reading Texas – In Some Places in Texas, Sales Tax Revenues Have Risen During the Pandemic

Texas – Sales tax revenue dips 13.2% in May, the largest year-over-year decline in a decade

Texas collected about $2.6 billion in state sales tax revenue in May, leading to the steepest year-over-year decline in over a decade, Comptroller Glenn Hegar announced Monday. The amount is 13.2% less than the roughly $3 billion the state collected in the same Continue reading Texas – Sales tax revenue dips 13.2% in May, the largest year-over-year decline in a decade

Nevada – Economic shutdown wiped out sales tax gains in Nevada

The economic shutdown in March wiped out eight months of gains in taxable sales. Legislative Counsel Bureau economist Russ Guindon said taxable sales were up 6.1 percent — $481 million — from July 1 through February of this fiscal year. Continue reading Nevada – Economic shutdown wiped out sales tax gains in Nevada

Colorado- A Shift to Online Shopping has Helped Save some Retail Sales and Tax Revenue in Colorado

Colorado sales tax revenues reached $3 billion in the fiscal year 2019 and were up 5.1% from the prior year. The state of Colorado is facing a $3 billion shortfall for the current and next fiscal year. However, the state is Continue reading Colorado- A Shift to Online Shopping has Helped Save some Retail Sales and Tax Revenue in Colorado

California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

The city of San Diego will use federal and state COVID-19 relief funds to offset major budget cuts proposed last month to manage pandemic-related revenue shortfalls, San Diego Mayor Kevin Faulconer announced Tuesday. The city faces a budget deficit exceeding Continue reading California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

Wyoming – Recent tax law for online sales a boon for Laramie

Online sales are popular in Laramie. That’s what the most recent Albany County sales and use tax collection totals told Laramie city staff. During last week’s budget work session for the 2021 fiscal year the city manager Janine Jordan said Continue reading Wyoming – Recent tax law for online sales a boon for Laramie

California – Orange County Cities Debate Financial Response To Coronavirus Sales and Hotel Tax Losses

Cities across Orange County are reevaluating budget projections for the rest of the fiscal year as massive reductions in sales tax revenue and other essential city revenue sources have dried up amid the stay at home order.  One of the Continue reading California – Orange County Cities Debate Financial Response To Coronavirus Sales and Hotel Tax Losses

Texas – Summer Should Show COVID-19 Sales Tax Hit April 27, 2020

Texarkana -Determining the full financial effect of the COVID-19 pandemic on county governments’ retail sales tax cash flow could remain a guessing game perhaps as far as into the summer. For both Miller and Bowie counties, retail sales tax is one Continue reading Texas – Summer Should Show COVID-19 Sales Tax Hit April 27, 2020

Arkansas – Officials Brace For Decreases In Sales Tax Revenue

Officials from both Fort Smith and Sebastian County are unsure exactly what effect the coronavirus pandemic will have on sales tax revenue. The uncertainty comes after Gov. Asa Hutchinson ordered the closure of all bars and restaurant dining rooms in Continue reading Arkansas – Officials Brace For Decreases In Sales Tax Revenue