Craighead County repeats drop in sales tax receipts.For the first time since 2002, Craighead County reported a second consecutive month of declining revenue from its I percent sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. receipts when compared with the same month in the previous year. In March, the county collected $1.2 million, which was down 8.1 percent from March 2008, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. numbers provided by the Craighead County Treasurer's office. And in April, the county reported it received $1.2 million, which was off 5 percent from the same month in 2008. It was the first time since May and June June: see month. 2002 that the county witnessed back-to-back back-to-back adj. Consecutive; successive: back-to-back performances; back-to-back home runs. Adj. 1. monthly declines over the same months a year earlier. Craighead County Treasurer Russell Russell, English noble family. It first appeared prominently in the reign of Henry VIII when John Russell, 1st earl of Bedford, 1486?–1555, rose to military and diplomatic importance. Patton III said he wasn't sure what caused the declines, which reflect the amount collected at Craighead County's cash registers two months ago. "Of course we're looking at what was going on two months ago," Patton said. "I'm hoping whatever it is will have turned around and we'll know two months ago from now how we're doing today." Even with the declines, the sales tax has generated $5.3 million in 2009, which is about the same amount collected during the first four months in 2008. |
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