TRUSTED NEWS LEADER FOR COTTONWOOD, CAMP VERDE & THE VERDE VALLEY
Wed, April 01

December sales tax report mostly improved

VERDE VALLEY - With the exception of Sedona, all of the communities in the Verde Valley saw an increase in their December retail sales tax revenue over 2009. Cottonwood was the only community down for the December 2010 total sales tax collections. Sedona, Camp Verde, Clarkdale and Jerome all increased their total sales tax collections for December over last year.

The Office of Economic Research and Analysis of the Arizona Department of Revenue provides the monthly sales tax report.

Cottonwood's retail sales tax increased to $589,679 in December from $588,971 for the same month last year. But in total sales tax revenue for December, the town dropped to $854,196 from $937,672 in 2009.

Cottonwood also saw a drop for December in year-to-date total sales tax from $5,271,267 in 2009 to $5,080,141 for the same period in 2010.

Rudy Rodriguez, finance director for Cottonwood, said sales tax revenues have been slowly creeping up. "Lately, we don't have double digit drops," he said.

"Even the state's new 1 percent sale tax increase hasn't slowed us too much," Rodriguez said.

He said the double-digit drops that the city was seeing for some time started changing to single-digit drops around the first of 2010. January 2010 saw an 8 percent drop, but that changed to only a 1 percent drop in February. In March, the sales tax revenue climbed by 1 percent. "November was up by nearly 12 percent," Rodriguez said.

He said he doesn't pay as much attention to single month increases as he does to an average of several months. "We try to blend it over six months," he said.

Overall, Rodriguez is encouraged. "The losses aren't as bad as they used to be," he said. "We're cautiously optimistic."

Camp Verde saw a good increase in December's retail sales tax from $46,114 last year to $54,977 this year. Total sales tax revenue for December also was up from $134,524 last year to $138,474 for this year.

Year-to-date total sales tax revenue for December in Camp Verde was down to $870,750 in 2010 from $1,044,020 for 2009.

Clarkdale's December retail sales tax collections edged upward from $2,692 in 2009 to $2,941 in 2010. But the town's total sales tax revenue in December made a nice jump from $46,046 last year to $62,579 this year.

Clarkdale's year-to-date total sales tax revenue through December also climbed to $353,986 for 2010 from $296,906 in 2009.

Jerome continues to see increases in all categories of sales tax. The town's retail sales tax collections for December were up to $20,937 this year from $16,652 last year. Total sales tax revenue for December also increased from $43,489 in 2009 to $45,471 in 2010.

Year-to-date total sales tax collections through December in Jerome rose significantly from $248,940 last year to $304,925 for the same period this year.

Sedona was down in retail sales tax for December from $246,135 last year to $238,990 this year. But Sedona's total sales tax revenue for December 2010 was up to $927,330 from $851,434 in 2009.

Year-to-date sales tax revenue in all categories for Sedona hit $6,233,801 in December 2010, an increase from $6,080,824 for the same period in 2009.

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