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Tax collections for Prescott, Nevada County to date

By Staff, 08/22/18 9:27 AM

PRESCOTT – To date, sales tax collected in Prescott and Nevada County totals $1,387,996.96.

These figures are from Jan.-July and are provided by the Prescott-Nevada County Economic Development Office.

The municipal tax, so far this year, has brought in $386,002.09, while the county sales tax has generated $1,001,994.87.

The municipal tax is generating an average of $55,143.16 per month, while the county tax average is $143,142.12.

As a reminder to the public, the overall sales tax in Prescott and Nevada County is 9.5 percent. This breaks down to 6.5 percent for the state, 2 percent for the county and the city’s 1-cent sales tax.

Last year, the city sales tax brought in $709,026.49, while the county generated $1,774,634.87. Both figures are down from 2016 when the city tax saw $831,484.04 come in and the county tax was $1,933,494.12.