General 2% Sales and Use Tax Report

Recurring sales and use tax collections for the month of February 2020, as compared to February 2019, reflected a 3.79% decrease for the City and Parish combined.  Year-to-date collections reflected a 1.21% increase.

On March 17, 2020, the Mayor-President issued an Executive Order extending the deadline for filing February and March sales tax returns for 30 days.  The February decrease may be due, in part, to the 30-day filing extension.  These deferred collections will be reflected in future reports.

Historical information relative to sales and use tax collections is presented below.

RECURRING SALES TAX COLLECTIONS

For the Five Year Period 2016 - 2020
2% General Fund Tax

          2016           2017        2018  2019  2020
January$ 14,222,692
$ 16,466,351
$ 14,860,712 $ 15,268,349  $  16,190,187
February14,521,035
15,392,319
14,211,464   14,752,844    14,193,400
March16,514,300
17,951,747
   17,052,962   17,264,312     
April15,182,080
16,102,966
   15,531,496   15,888,383      
May14,871,157
16,294,327
   16,505,356   16,545,597     
June15,636,278
16,179,384
   16,170,067   15,932,751    
July14,077,670
15,275,579
   15,665,501   15,932,632      
August14,969,446
15,895,597
   16,580,061   16,684,480      
September18,490,623
16,151,856
   15,581,496   16,517,068      
October18,934,859
15,676,429
   16,221,623   16,865,696      
November18,052,345
 15,720,555
   16,006,116 
  16,008,473      
December19,972,075
17,757,555
  17,728,931  17,751,593       _________
Total$195,444,560
$194,864,665
$192,115,785
$195,412,178
$ 30,383,587
Yearly Increase/
Decrease
    $10,436,600  $-579,895   -$2,748,880  $3,296,393     $362,394
Percentage5.64%-0.30%
-1.41%
1.72%
1.21%

Other Sales and Use Tax Reports

Note 1 - The above report represents a customized presentation of "recurring" sales and use tax collections for use primarily by the management of City-Parish Government for various purposes including revenue forecasting.  Amounts set forth are unaudited.  They may not include certain non-recurring transactions such as those related to tax audits, or year-end audit adjustments which could distort comparisons.

Note 2 - Since this is a customized report for special purposes as explained in Note 1 above, the monthly and annual totals in the report will generally be different than totals reflected in accounting records.

Note 3 - The deadline for filing February 2020 sales tax returns was extended 30 days.  The February 2020 decrease may be due, in part, to the extension.  These deferred collections will be reflected in future reports.