• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • Pickem Terms and Conditions
Tuesday, May 17, 2022
The Platte County Landmark Newspaper
  • Home
  • Local News
  • Opinion
  • Landmark Pickem!
    • Login / Sign-up
    • Results by Week
    • Pickem Rules and Help
  • Landmark Live!
  • Looking Backward
  • es_MXSpanish
  • Home
  • Local News
  • Opinion
  • Landmark Pickem!
    • Login / Sign-up
    • Results by Week
    • Pickem Rules and Help
  • Landmark Live!
  • Looking Backward
  • es_MXSpanish
No Result
View All Result
The Platte County Landmark Newspaper
No Result
View All Result

County tax revenue comes in stronger than expected

Ivan Foley by Ivan Foley
December 22, 2020
in Headlines
Rob Willard

Platte County Treasurer Rob Willard

9
SHARES
221
VIEWS
Share on FacebookShare on TwitterShare via Email

In the year of a pandemic, Platte County sales tax and use tax revenues have not been negatively impacted.

That was the official word this week from Platte County Treasurer Rob Willard, as he reported on the county’s final sales and use tax distribution for 2020 having been received from the state.

RelatedNews

‘I’m proud of making a difference’

The Landmark enters 158th year of publication

City extends lease on temporary police station

“In the year of unpredictable and improbable, combined sales and use tax revenue for Platte County was no exception,” Willard remarked on Monday.

Final receipts for 2020 show that combined general sales tax and use tax revenue was down by less than four tenths of a percent–at .37% to be exact.

That revenue is actually more than the county had forecasted in its 2020 budget, Willard said.

“That revenue is 1.49% higher” than the county anticipated in its 2020 budget, the treasurer remarked.

The total sales and use tax revenue, in fact, would have been up when compared to 2019 except for the fact the county had to issue $126,000 in tax refunds recently.

“There was a rather substantial refund on sales taxes paid to certain vendors,” Willard explained. Due to recent change in state statute, businesses have greater flexibility now to review their records and request a refund on sales taxes paid when purchases were actually exempt. That’s what happened in a recent month when Platte County had to issue the $126,000 in refunds.

Without the issuance of those refunds, Platte County’s combined sales and use tax revenue for 2020 would have been about $62,000 more than in 2019, Willard said.

To break the total down specifically, general sales tax revenues were down 10.9% in 2020. But an explosive growth in use tax revenue, in large part due to increases in online sales, more than made up for the sales tax decline.

Use tax revenues are up by a whopping 22.36% in 2020 as compared to 2019, according to Willard’s report.

The positive totals might come as a surprise to some observers. For instance, Dagmar Wood, first district county commissioner, earlier this year had claimed: “Effectively through the shutdowns, the health departments have run a Mack truck through the collective storefronts of our businesses and we need to get that truck out and that storefront fixed and get our economic engine back up and running again.”

While certain sectors of the economy or specific businesses suffered revenue declines, the overall economic activity in the county has been virtually unchanged in 2020 when it comes to tax revenues.

General sales tax revenue for 2020 in Platte County was $8,724,801 and use tax revenue totaled $5,549,908 for a combined total of $14,274,710.

Tags: dagmar woodplatte countytaxes
Ivan Foley

Ivan Foley

Ivan Foley, owner/publisher of the Platte County Landmark, has been on the news beat in Kansas City's Northland for 40 years. He provides weekly observations in his Between the Lines column and serves as host of Landmark Live, a light-hearted videocast featuring newsmakers in the Northland.

Related Posts

45 Years Ago–May 13, 1977

by Ivan Foley
May 13, 2022
0

Dr. Carl Myers purchase the Platte Medical Clinic in Platte City this week and plans to open his office here in the near future. Dr. Nourbaksh will continue to be located in the Platte Medical Clinic. Mr. and Mrs. Louis...

30 Years Ago–May 15, 1992

by Ivan Foley
May 13, 2022
0

Bob Foster, vice principal of Fort Osage Junior High in northeast Independence, has been hired as principal at West Platte High School in Weston. Two girls tied with the same grade point average have been declared valedictorians of the class...

15 Years Ago–May 9, 2007

by Ivan Foley
May 13, 2022
0

It has been a hectic week for Platte County residents and business owners with property in low-lying areas, as heavy rains across the region have forced rivers and streams out of their banks. Areas in and around Parkville, Riverside, Tracy...

The 80's

Kim Carnes and never buy gas on Tuesdays

by Ivan Foley
May 13, 2022
0

Gonna hit you with some pop culture stuff this week. Just because I want to. Season four of Ozark on Netflix. Have you finished it yet? Let's get through this without spoiling it for those who haven't made it all...

Next Post
Park Hill football coach

Park Hill football coach accused of sex crimes

Popular News

  • Area distillery releases first new bourbon in 30 years

    Area distillery releases first new bourbon in 30 years

    21 shares
    Share 8 Tweet 5
  • Large logistics park planned east of I-29

    198 shares
    Share 79 Tweet 50
  • Bee Creek Bridge replacement set

    8 shares
    Share 3 Tweet 2
  • Memorial Day Weekend Celebration planned

    7 shares
    Share 3 Tweet 2
  • City extends lease on temporary police station

    6 shares
    Share 2 Tweet 2
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • Pickem Terms and Conditions
Call us at 816-858-0363

Copyright © 2019-2020 The Platte County Landmark Newspaper - All Rights Reserved

No Result
View All Result
  • Subscribe Online
  • Home
  • Local News
  • Opinion
  • Landmark Pickem
    • Results by Week
    • Pickem Rules and Help
  • Landmark Live!
  • Looking Backward
  • es_MXSpanish

Copyright © 2019-2020 The Platte County Landmark Newspaper - All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?