Tax collections shine in Corinth

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News,Business

CORINTH, Miss. (AP) — Sales and tourism tax collections were at near-record levels for mid-February deposits, reflecting sales activity at local businesses in December.

The Daily Corinthian reports (http://bit.ly/1exdlDD ) the city's share of sales tax was $585,937, an increase of about $20,000, or 3.6 percent, in year-to-year comparisons.

It was the third consecutive monthly increase. The fiscal year total year-to-date was $1.847 million, a 4.7 percent increase from the same period in the previous fiscal year.

The 2 percent tourism tax on prepared food and lodging had its second-best month to date, generating $108,653, an increase of about $16,000, or 17 percent, from a year earlier.

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Information from: The Daily Corinthian.

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