City Sales Tax Decline Continues - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

City Sales Tax Decline Continues

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The trend of lower sales tax collections by the city of Minot continued for the month of March.

This past month, one-point-two million dollars was collected in sales tax...that is a half million dollars less than what was collected in March of 2012.

This follows significant drops for January and February as well.

City Finance Director Cindy Hemphill says drops keep coming...but it isn't a total surprise.

2012 was a incredible year for sales tax collection in the city...fueled by the energy sector and home reconstruction following the 2011 flood.

While the current collections are falling short of projections, the city didn't base the current budget off of last year's numbers...simply because it wasn't believed a year to that level would be experienced again this year.

(Cindy Hemphill, City Finance Director) "When we actually estimate we don't estimate on last year which was a high year, we estimate on the year before that and then...we are now getting ready to start our 2014 budget process in May and June so at that time we really have to analyze what trend and where do we need to go to estimate our 2014 numbers."

Hemphill anticipates the April report to be similar --- down again --- and hopes for a bit of a turnaround in May.

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