General 2% Sales and Use Tax Report

Recurring sales and use tax collections for the month of February 2018, as compared to February 2017, reflected a 7.67% decrease for the City and Parish combined.  Year-to-date collections reflect an 8.75% decrease. A significant drop in collections was anticipated since we are now comparing against 2016 flood recovery months.  

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

RECURRING SALES TAX COLLECTIONS

For the Five Year Period 2014 - 2018
2% General Fund Tax

  2014
  2015
  2016
  2017
  2018
January
$  13,170,371
$  14,253,540
$  14,222,692
$  16,466,351
$  14,860,712
February
    13,889,004
    14,339,725
    14,521,035
    15,392,319
14,211,464
March
   15,580,047
    16,369,134
    16,514,300
    17,951,747
   
April
   14,826,932
    14,890,526
    15,182,080
    16,102,966
   
May
   15,441,671
    15,129,367
    14,871,157
    16,294,327
   
June
   15,134,983
    15,910,648
    15,636,278
    16,179,384
   
July
   14,909,137
    15,412,452
    14,077,670
    15,275,579
   
August
   14,778,959
    15,012,162
    14,969,446
    15,895,597
   
September
   15,553,166
    15,807,029
    18,490,623
    16,151,856
   
October
   15,234,453
    15,296,148
    18,934,859
    15,676,429
   
November
   14,216,128
    14,749,100
    18,052,345
    15,720,555
   
December
   17,306,014 
    17,838,129
    19,972,075
    17,757,555
     __________
Total
$180,040,865
$185,007,960
$195,444,560
$194,864,665
$29,072,176
Yrly. Incr./
Decrease
    $5,206,763
    $4,967,095
    $10,436,600
  $-579,895
     -$2,786,494
Percentage
2.98%
2.76%
5.64%
-0.30%
-8.75%

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.