By Kristy Zurbrick, Madison Editor
Madison County’s collection of sales tax continues to trend upward.
On Nov. 25, County Treasurer Jennifer Hunter reported that the county took in $503,351 in sales tax in September, the latest month for which figures are available. Last September, the collection was $448,138. In September 2011, the number was $374,220.
The monthly average for 2013 is $448,730 compared to $407,043 in 2012 and $359,543 in 2011.
“It means that people are spending money,” said Madison County Commissioner David Dhume.
Added Commmissioner Paul Gross, “I believe it shows the economy is slowly improving.”
Gross credited new and expanding businesses for some of the sales tax growth, citing as examples the new TSC store in London, the new Dollar Store in Plain City and the expansion of Tom Raper RV at I-70 and State Route 42. Forthcoming changes in tax laws for online purchases will positively impact the collection, too, he said.
“You grow a million dollars here, a million dollars there—it adds up to be real dollars for us,” he said.
“With sales tax and property tax collections up, it gives us a good foundation to move forward on some projects and feel confident in taking those risks,” said Dhume. Among those projects are the county’s investment in upcoming fairgrounds improvements and in the CIC, the economic development arm of the Madison County Chamber of Commerce.
In other Treasurer’s Office news, Hunter told the commissioners she is asking for additional funds in her budget for 2014 to replace old desks and cover part-time or contracted staffing to prepare financial statements. She also plans to rearrange the office to make better use of the space for employees, using money from the Real Estate Assessment Fund rather than the county’s general fund to cover the cost to make the changes.
The Madison County commissioners’ next meeting date is Dec. 2. For the meeting itinerary, click on “Meeting Calendar” at http://co.madison.oh.us/commissioners/.