Archbold, OH

Administrator Happy With Sales Tax Revenue

Hall: People Are Shopping Closer To Home

In the first six months of 2008, the Fulton County share of sales tax revenue brought in $2,077,555.72, possibly the highest amount ever for the first half of a year.

Between 1992 and 2008, the sales tax for the first six months of a year topped $2 million only once before, in 2006, when the figure was 2,002,803.89.

“I am pleased with the results of the first six months,” Vond Hall, Fulton County administrator, said in an email to this newspaper.

“It is the strongest six months in recent history,” he said.

Hall said he believes the increase in income tax revenue is the result of higher gas prices. Because travel is more expensive, county residents are doing their shopping closer to home. As a result, they pay sales tax in the county.

When someone purchases taxable goods and services in Fulton County, they pay a 6.5% sales tax. Merchants send the sales tax they collect to the State of Ohio Department of Taxation.

The Department of Taxation calculates Fulton County’s 1% share of the sales tax revenue, then returns it to the county. It takes approximately three months for the Department of Taxation to make the calculation, so revenue received by the county in June was collected by Fulton County merchants in March.

Collection for the month of June was $366,953.91, which was $27,539.86, or about 8.1%, over June 2007.

In the first half of 2008, sales tax revenue was $145,683.10 higher than the same time period in 2007, when sales tax revenue was $1,931,872.62.

In the last three months; April, May, and June, the sales tax revenue returned by the state has been up at least 7%.

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