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County Sales Tax Tops $6.5 Million In 2012



Sales tax revenue returned to Fulton County during 2012 set a record of $6,514,973.67.

Information from the Fulton County commissioner offi ce states in December 2012, sales tax revenue returned from the Ohio Department of Taxation was $547,174.34, which was almost $33,000, or 6.4%, more than was returned to the county in 2012.

Vond Hall, county administrator, said full data from the Department of Taxation was not available, so he had not had a chance to analyze the figures.

County businesses collect sales taxes from some goods and services purchased or obtained in the county. Merchants take 7% of their sales and pay that amount to the Ohio Department of Taxation.

The Department of Taxation takes the state’s 5.5% share of the total sales tax, and returns a 1.5% share to Fulton County.

The county sales tax revenue represents a 1.5% share.

It takes about three months for the Department of Taxation to collect a onemonth sales tax, make its calculations, and then send a check back containing the county share.



So, revenue received in 2012 is from taxes on sales paid in September.

Rate Increased

The Fulton County sales tax rate used to be 6.5%. County commissioners approved raising the county share of the sales tax from 1% to 1.5% in September 2009, after responding to shortfalls in the county budget.

The Ohio Department of Taxation began collecting the additional 1/2 percent (.5%) on Jan. 1, 2010.

The highest sales tax rate in Ohio is 7.75%.

Over The Years

In 1992, the county re- ceived more than $1.9 million in sales taxes. Sales tax revenue to the county topped $2.2 million in 1993.

Sales tax revenue topped $3.2 million in 1996. It fell to just over $3 million in 1997, but then rose to top $4 million in 2000.

The sales tax figure fell to just shy of $3.7 million in 2001. It built up each of the follow years, until it again topped $4 million in 2006.

In 2008, sales tax revenue was more than $4.2 million.

The national economy collapsed in 2009. Sales tax revenue fell by more $480,000. Total revenue was more than $3.7 million.

After another 1/2 percent was added to the county sales tax rate, the total collection increased more than $1.5 million for 2010, hitting a new high of just over $5.2 million.

For 2011, with the county sales tax rate at 7%, sales tax revenue rose more than $865,000, hitting $6.1 million.

The 2012 figure of more than $6.5 million is a 6.6% increase from the previous year.

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