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December revenues see increase

February 18, 2014

BY JUSTIN MINYARD
news@dailytimesleader.com

The numbers for December are in, and they’re saying good things. According to the city’s most recent tax revenue report, West Point’s sales tax revenue jumped to $209,310.64 compared to last year’s sales tax total of $204,129.48 for a $5,181.16 (2 percent) increase.
West Point Mayor Robbie Robinson said although he was hopeful for a larger increase, he was still satisfied with the numbers.
“Anytime we don’t go into the red or lose ground, that’s good news,” Robinson said. “I’m pleased with it. I was hopeful that it might have been a little more for December, because those numbers we received reflect Christmas shopping.”
Robinson said commerce zipping in and out of local retail outlets is the biggest boon to sales tax revenue collected each month.
And, according to Robinson, it’s only getting better.
“I think we’re going to see increases every month, either slight or a big jump,” Robinson said. “ ... We’ve had several ribbon cuttings in the last month or so, which means there are new retail establishments popping up in West Point ... The more businesses we have, the higher the sales tax collected will be.
“I think these new businesses will attract shoppers from out of town,” Robinson added. “I think the retail side, just like the industrial side, is attached to regionalism.”

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