Taxable sales rise across state, Clark County


Taxable sales posted healthy gains across the state and county in June.

The state Department of Taxation reported Wednesday that Nevada businesses sold $4.15 billion in tangible goods in the month, up 4.7 percent from $3.96 billion in June 2013.

Taxable sales across Clark County came in at $3.08 billion, an 8 percent gain compared with $2.85 billion a year earlier.

Categories that showed the biggest local improvements included dealers of cars and car parts, up 6.7 percent to $322.6 million; bars and restaurants, up 3.3 percent to $788.4 million; miscellaneous store retailers such as florists and pet-supplies shops, up 219.2 percent to $160 million; and merchant wholesalers of durable goods such as appliances and office equipment, up 18 percent to $181.8 million.

Construction-related categories also increased by double-digit percentages.

Gross revenue collections from sales and use taxes totaled $329.1 million in June, a 6.5 percent gain compared with June 2013. The General Fund portion was $83 million, also up 6.5 percent year over year.

For fiscal 2014, the General Fund share of sales and use taxes was $3.2 million, or 0.34 percent, below forecasts of the Economic Forum, a nonpartisan group that projects revenue for state budgets.

Contact reporter Jennifer Robison at jrobison@reviewjournal.com. Follow @J_Robison1 on Twitter.

 

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