Sales Tax Revenue Continues Slide

Sales tax revenue collected by Fulton County vendors continued a downward trend, generating $281,436.38 in January.

Compared to January 2009, that result is off by $24,320.67, or 7.95%. In January 2009, Fulton County sales tax generated $305,757.05.

It’s the second straight January sales tax revenue was down. During the record year of 2008, the sales tax generated $313,008.42. The 2009 collection was off about 2.3%, and the 2010 collection was down 10% from January 2008.

However, the amount received by Fulton County in January 2010 does not include the one-half of one percent (.5%) increase in the sales tax implemented by the Fulton County Commissioners last September.

Ohio Department of Taxation officials said the county won’t see revenue from the increase until April.

When a person purchases taxable goods and services in Fulton County, vendors collect 7% in sales tax (up from 6.5%).

The vendor sends the tax money to the Ohio Department of Taxation, which calculates Fulton County’s 1.5% share, then returns the amount to Fulton County. The process takes about three months.

County vendors began collecting the new, higher sales tax Jan. 1.

Fulton County Sales Tax Revenue

Jan., 2009 $305,757.05
Jan., 2010 $281,436.38
Difference ($) -$24,320.67
Difference (%) -8.0%
Year-to-date,
2009 $305,757.05
Year-to-date,
2010 $281,436.38
Difference ($) -$24,320.67
Difference (%) -8.0%
Information provided by Fulton County Commissioners office. Figures represent sales tax revenue received by Fulton County from the Ohio Department of Taxation, for Fulton County’s 1% share of revenue generated by sales taxes on goods and services in Fulton County. Monthly figure represents money received that month; year-to-date money received from Jan. 1 of that year through the month indicated. Archbold Buckeye chart.