’09 sales taxes ahead of record ’06 totals – so far
Iberville’s parishwide sales tax collections totaled $20.8 million for the first five months of the year, putting the parish on a track to have a fourth record year for sales tax receipts.
Local sales tax collections, spurred by large industrial construction projects, have hit record peaks every year since 2006. Parishwide totals reached $35.1 million in 2006, $39.8 million in 2007 and just over $40 million in 2008.
Iberville Chief Administrative Officer Edward A. “Lucky” Songy Jr. released the latest report from the Sales Tax Department last week.
For the year to date, the tax receipts were nearly $5.2 million ahead of those for the first five months of 2008. The increase does include an additional one-third cent tax increase, the final increment of a one-cent sales tax that was phased in a third of a cent at a time since voters approved it in 2006. The new tax added about $1.4 million to the total.
In May, the parish took in $4.7 million, an increase of $1.6 million over May of the previous year.
The Iberville Parish Council and the parish’s six municipalities received $2.48 million from the two and two-thirds cents in sales taxes they share. The amount represented a $970,745 increase over the total for May 2008. The new tax represented about $300,000 of the increase.
The Iberville Parish School Board took in $1.9 million from its two cents in sales taxes, an increase of near $600,000 over the previous year.
The one-third cent Solid Waste tax, which pays for residential garbage collections, produced just over $317,000, an increase of nearly $100,000.
The two percent tax on hotel and motel room rentals yielded $4,004, an increase of $1,215. The tax supports the parish’s tourist promotions.
The City of St. Gabriel, which levies its own one-third cent sales tax within its corporate limits, took in $45,858, a decrease of $8,462 compared to May 2008.
For the year to date, St. Gabriel has received $413,531, an increase of $190,854.