PDT Staff Writer
On Thursday, the Scioto County Commissioners accepted a report from the Ohio Department of Taxation stating the permissive sales tax for the county is $50,000 above estimations for the month of November.
“These taxes are for November of 2012 and are up $50,585. We collected a total of $867,562 this time last year. We collected $918,147 for November this year,” said Mike Crabtree, Chairman of the Scioto County Commissioners.
November is the first reporting month in 2013.
Commissioner Skip Riffe said nine of the months in 2012 showed a positive return on the permissive sales tax for the county, while three of them were down.
In 2012 the counties permissive sales tax was up $608,000 from original estimates.
According to Heather Cunningham, Chief Deputy Scioto County Auditor the county budgeted to receive $10,350,000 in revenue from the permissive sales tax in 2012. She said the permissive sales tax accounts for quite a bit of the annual county budget.
In 2012 Scioto County received $207,120.49 from the state casino tax. Cunningham said in the 2013 budget, the county estimated they would receive $548,000 from the state casino tax for the year.
Cunningham said It’s estimated the county will be receiving $183,570.37 at the end of January, for the first quarter of the year.
“If you take that number ($183,570.37) and multiply it by four, that’s more that we had estimated for the year. That number will be better than we estimated,” Cunningham said.
If you take $548,000 and divide it by four, the county would need to take in $137,000 each quarters to meet estimates. Thus far, the fund is $46,570.37 above estimates.
In late 2012 the county received $414,000 in revenue from the closing of the Inframetals property in New Boston.
Due to increased revenue, the commissioners were able to transfer enough money to eliminate the debt of the former Juvenile Detention Center.
Riffe said now the county will begin to look at 2014, 2015 and 2016 budget projections and work to get out from under the fiscal emergency status as set by the state auditors office.
Wayne Allen may be reached at 740-353-3101, ext. 228, or firstname.lastname@example.org