Local governments that depend upon sales taxes to fund their operation and pay employees are in for a rough time over the foreseeable future, according to newly compiled figures that track those numbers.
Sales tax collections for March, 2020 are about 12 1/2% lower than for the same month of 2019, $3.88 million vs $4.44 million.
Particularly hard-hit are the hotel/motel tax (down 57.8%) and the Village of Choudrant (down 40.7%).
As the hotel/motel tax is the primary source of income for the Ruston/Lincoln Convention and Visitors Bureau, that agency will likely have to effect changes in how money is spent.
Here is the complete spreadsheet.
Figures for March, 2020 reflect that month where the ‘economic shutdown’ began, at about the middle of the month. April, 2020 figures can be expected to show a greater loss, as the shutdown was in force for the entire month.
February, 2020 tax collections broken down by industry groups showed weakness in Oil & Gas (down 77.5%), Eating & Drinking Places (down 7.5%), and Hotel and Other Lodging Places (down 28%).
See here the complete list.