Nevada County: Sales tax revenues hold steady in second quarter | TheUnion.com
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Nevada County: Sales tax revenues hold steady in second quarter

Nevada County’s sales tax numbers are holding steady compared to last year, despite huge drops in property tax, according to figures released Friday.

Sales in the unincorporated parts of the county added up to .3 percent more in the second quarter of 2010, totaling $512,673, according to county figures.

Building and construction sales, business and industry sales, restaurant and hotel sales and auto sales all topped their benchmarks from 2009.



Sales were down in food and drugs, fuel and general consumer goods, according to the county report.

The increase came in the quarter that saw both the 50th anniversary of the Nevada City Classic and the Amgen Tour of California starting in Nevada City.




Earlier this week, the county announced its property tax revenues are expected to drop by 7.5 percent this fiscal year compared to last fiscal year, leading to a projected $5.5 million hole in next year’s budget at current spending levels.

To contact Staff Writer Kyle Magin, e-mail kmagin@theunion.com or call (530) 477-4239.


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