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West Point sales tax revenues were up slightly for the final quarter as well as the entirety of the 2013-14 fiscal year, according to the cityâ€™s sales tax revenue reports.
The city reported a total of $2,238,428.03 in sales tax collections for the year, up $128,098.15 from the $2,110,329.88 of the 2012-13 fiscal year. Overall, the city saw an increase of revenue each month, with the exception of last July.
It was welcome news, according to West Point Mayor Robbie Robinson. Though a refreshing sight, Robinson said he and the cityâ€™s board of selectmen would stay realistic about future numbers.
â€śWe just finished with our budget,â€ť Robinson said. â€śWeâ€™re certainly going to be conservative with our budgeting. Weâ€™re going to stick with the numbers as they are ... I hope they continue to trend upward. (The) actual increase was greatly needed in our general fund.â€ť
Much of that increase came in the final quarter of the year, according to the report. The city saw $52,386.81 boost from revenues collected in the final quarter of the 2012-13 fiscal year. The most sizaable increase of the year came in May, with a $20,921.80 uptick from the previous May, for a total $201,939.60 this year.
Tourism tax revenues did not fair quite as well. According to the cityâ€™s tourism tax report, revenues fell to a total collection of $215,368.32 for the 2013-14 fiscal year, down $4,757.24 from the $220,125.56 collected in the 2012-13 fiscal year. Much of the decrease came in the beginning months of the year, falling each month through December. Revenues again began to climb in January, increasing steadily through May.