News

Revenue taxes up from 2012

By Scott Wagar

11/26/2013

In the first 10 months of Bottineau’s city sales tax history, the local community is edging toward the $1 million mark to end out the year.
From January through October, the city’s sales tax totaled $896,273.

The month by month totals are as follows:

● Jan - $111,697
● Feb - $78,883
● March - $91,989
● April - $47,215
● May - $95,523
● June - $109,266
● July - $75,277
● Aug - $118,155
● Sept - $65,211
● Oct - $103,054

According to the city’s financial documents, since 2009 the city’s sales tax revenues have increased each year, and are as follows:

● 2009 - $773,574
● 2010 - $813,776
● 2011 - $835,160
● 2012 - $945,008

With the holiday shopping season starting, the city could receive over a million dollars in sales tax, which should be close this year, and perhaps dependent on whether or not local residents do their shopping in town instead of in other communities, which tends to be the norm in rural communities during the holiday season.

OCCUPANCY TAX

When it comes to occupancy tax in Bottineau, the city has already succeeded 2012 with two months to go in the year.

To date, occupancy tax for 2013 in Bottineau is at $25,861, which is an increase of $5,626 from 2012 which ended its year $20,235. With two months to go before ending out the year, the city should see occupancy taxes in the $30,000 range.

RESTAURANTS AND LODGING TAX

The restaurants and lodging tax has increased by $7,012 in the first ten months of the year when compared to 2012. At the end of October, restaurants and lodging taxes for 2013 was at $48,793. In 2012, at the end of October, it was at $41,771.

The year end for restaurants and lodging tax for 2012 totaled $54,249.

With holiday visitors and recreational sports, the city should break the 2012 tax record.

BUILDING PERMITS

The one down fall in 2013 is that building permits are down by 22 permits. In 2012, the city issued 81 building permits between January and September, while in 2013 the city issued 66 permits in the same time period.

The total for 2012 ended with 97 building permits, which means the city will need to see 32 permits to break last year’s record.

Overall, the city over the past four years has seen good numbers in tax revenue and building permits when measured up to the past four years. If predictions are correct about Bottineau growing in the next four to five years, Bottineau’s tax revenues and building permits should see some decent numbers.