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Sales Tax Steady in Vidalia
Monday, 21 June 2010

June 21--  Based on sales tax collections, Vidalia city officials say they are "cautiously optimistic" about the retail climate in the city.

City finance director Bill Bedingfield reports local option sales tax collections are averaging $161,691.05 a month for the first five months of the year.  "We're beginning to see some steady numbers and our monthly average is key and we're flat to last year, so we feel real good about where we are right now," he says.

Meanwhile, the city's special purpose local option sales tax monthly average is also about the same as last year at $158,021.48, and Bedingfield notes the city has healthy reserve funds.  "The city's general fund account has over $1.6 million in reserves and the water and sewer fund is close to $800,000 in reserve so we're in good shape in both those areas" he says.

Other sales related taxes collected by the city are also up. "We need people in town shopping and visiting and we're doing all we can to promote that," Bedingfield says. The city hotel tax is up nearly 19 percent ($109,496.19) and tax collections on alcohol sales are up about two percent ($98,786.57).

 

 
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