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Town sales tax revenue muddling along

The $60,820 in August sales tax revenue reported to the Town of La Conner from the state’s Department of Revenue is the third highest June total ever, though down $9,563 from 2022 and $1,900 from 2021. The $399,898 total year to date is 65.6% of the forecasted revenue, almost matching projections.

The special use fire tax total of $6,064, as always, tracked sales tax totals and was also almost 10% below the same month last year.

People are still staying overnight in La Conner. The $19,848 collected in hotel motel tax revenue set another monthly record, though only $711 and 3.6% above 2022.

Property and REET (Real Estate Excise Taxes) taxes were $3,299 and $9,071, respectively, within the range of the Town’s annual forecast.

Overall, Town revenues are at 72% for the year, now two-thirds over. Income from the water and wastewater service funds, including composting, continue to generate revenue above budget projections, assuming equitable monthly collections.. Expenditures in every program fund is below projections, though late in the year project costs are not listed.

These totals are based on June collections from town stores and online purchases delivered to La Conner addresses and reported to town council from the state’s Department of Revenue.

La Conner has a calendar fiscal year.

 

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