Provo Sales Tax Revenue Increases

My collegue Genelle Pugmire reported yesterday that Provo has seen a spike in sales tax revenue:

In comparing May of this year to May last year revenues are up 16.2 percent. According to John Borget, administrative services director, the most significant number is the year-to-date sales tax increase of 6.4 percent.

That increase is about $800,000 over last year’s sales tax revenue.

The article cites construction and new infrastructure projects with boosting the numbers. The article also points out that sales tax revenues are up in other neighboring cities, as well as the state as a whole. And all of that means more money to reinvest in the community.

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