Town tax revenues set records for July totals

The Town of La Conner collected $53,917 in sales tax revenue in July, the highest July total ever, 3.6% above 2021’s previous high. It is the third straight month above $50,000 collected, as last year. The $375,917 generated for 2022 is the highest January-July total ever and 76.4% of the annual sales tax revenue estimated in the annual budget. If sales tax collections match 2021’s pace, with September’s report the Town will exceed it 2022 revenue estimate of $492,303.

The past six monthly collections are again the highest monthly and year to date collections ever.

The $14,989 in hotel/motel revenue is the second highest July collection ever, but 19% below 2021’s record. The seven month total of $89,459 is 67.6% of the year’s budget and the most ever collected in seven months.

July’s firetruck sales tax receipt of $5,364 has the same pattern of being record high for the month. The $37,3628 collected to date is 80.1% of the annual total budgeted, also a record.

All Town revenues are $3,363,201, 66% of the budget, from all sources, led by higher revenues than projected from sewage treatment plant operations. The three line items, storm drainage, sewer and compost ,total almost 67% of their projected annual revenues, assuming equitable monthly collections.

These totals are based on May collection from town stores and online purchases delivered to La Conner addresses and reported to town council from the state’s Department of Revenue.

La Conner has a calendar fiscal year.