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Sales tax revenue up again in county

August 7, 2012
By ARTHUR CLEVELAND , The Leader Herald

FONDA-Sales tax revenue increased throughout Montgomery County for the second straight quarter.

According to a report from county Treasurer Shawn Bowerman, every village, town and city in Montgomery County received more sales-tax revenue during the second quarter of this year compared to the second quarter of 2011.

The total amount of sales tax revenue for Montgomery County and its municipalities in the second quarter of this year was $6.91 million. During the second quarter of 2011, $6.19 million was collected.

Shayne Walters, chairman of the Montgomery County Board of Supervisors, offered several explanations for the increase.

Walters said new businesses opening in Amsterdam, such as those in the town on Route 30, and an increase in gas prices lead to more sales-tax revenue.

"Sales tax always jumps with gas prices," Walters said.

Fact Box

Montgomery County collected $6.91 million in sales tax during the second quarter of 2012. The county retained $3.98 million of that total and distributed the rest as follows:

City of Amsterdam, $1.09 million, up from $974,509 in the second quarter of 2011;

Towns

Amsterdam, $342,706, up from $302, 046;

Canajoharie, $105,084, up from $91,203;

Charleston, $88,800, up from $84,291;

  • Florida, $199,276, up from $184,291;
  • Glen, $116,638, up from $103,743;
  • Minden, $111,435, up from $96,655;
  • Mohawk, $201,376, up from $184,380;
  • Palatine, $97,526, up from $83,820;
  • Root, $107,354, up from $99,780;
  • St. Johnsville, $45,752, up from $39,675;

Villages

Fort Johnson, $16,941, up from $14,709;

Hagaman, $62,147, up from $55,312;

Ames, $6,450, up from $5,759;

Canajoharie, $100,404, up from $88,363;

Fultonville, $34,049, up from $30,733;

Fonda, $29,461, up from $28,125;

Nelliston, $26,898, up from $23,433;

Palatine Bridge, $43,952, up from $38,237;

St. Johnsville, $43,137, up from $39,257;

Fort Plain (Can.), $541, up from $421;

Fort Plain (Min.), $69,669, up from $61,428;

Fort Plain (Pal.), $51, up from $48.

Rising gasoline prices and aggressive retail development also were credited with increasing sales tax during the first quarter.

The county collected $6.38 million during the first quarter of 2012, compared to $5.68 million in the same period of 2011. The city of Amsterdam and every village and town reported increases in their sales tax revenue.

Walters said the increase in revenue won't help the county's debt, because sales tax is budgeted based on previous years and is already counted as revenue.

"This isn't a windfall," Walters said.

Bowerman could not be reached for comment.

 
 

 

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