The City of Emporia’s sales tax collections have been on the rise throughout the past year according to Treasurer Janet Harouff.
While speaking with KVOE News, Harouff noted the city collections have increased steadily each month this year putting the city seven percent above where it was this same time last year with a total of $5.3 million collected as of October. When asked what is contributing to this steady increase, Harouff explained it is simple economics.
When asked if a decrease in inflation would mean a dip in city collections, Harouff stated that would be dependent on whether or not product makers lower their prices. She says while possible, any lowering in prices would likely not be significant.
Harouff also noted that due to the high demand and low availability for certain products, basic supply and demand would likely mean a continued increase in collections for the foreseeable future. Dollars collected through the city’s one percent sales tax goes to the city’s general fund to pay for general services such as police and fire, parks and recreation, quality of life matters and economic development.
