City posts solid sales tax totals

Published 5:00 am Monday, April 25, 2005

March represented another solid month for Brookhaven’s sales taxcollections, but chamber of commerce officials cited nationaltrends as reason to be cautiously optimistic about the future.

With $333,334.59 for its share of March sales tax revenue,Brookhaven’s total was up almost $18,000 over March 2004’s$315,760.81. The total allowed the city to climb one spot to 22ndin statewide rankings.

“Our continuing increasing sales tax revenue is a good sign of astrong local economy,” said Cliff Brumfield, Brookhaven-LincolnCounty Chamber of Commerce executive vice president. “However, therecent performance of the stock market, coupled with increasing gasprices, are cause for some concern for the economy on the nationallevel.”

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Almost all of the state’s Top 25 sales tax collectors postedincreases over their March 2004 totals. The lone exceptions wereNatchez and Greenville.

With the good March 2005 showing, Brookhaven’s year-to-datetotal surpassed its total at the same point in 2004. The city’s2005 year-to-date total was $3,054,064.32 compared with 2004’s$3,038,613.20.

Brumfield said he hopes to see Brookhaven’s positive sales taxtrend continue. A number of outside factors, though, could havesome impact.

“It’ll be interesting to see our numbers next month afterhearing some negative reports on the current state of the nationaleconomy,” Brumfield said.