Sales Tax Collections Show Growth in Manchester

The September 2016 Sales Tax Collection Report indicates strong growth year over date. A trend that has been consistent throughout the 2016 calendar year in Manchester.
September collections topped the $700,000 mark, a first for a September report. Final collections for the City of Manchester were $712,825.82 up from $662,056.20. The increase is $50,769.62 year-to-date over 2015 or 7.12%.
The report also marks the end of the 3rd quarter of 2016. The quarter realized a growth of $157,325.56 or 7.36% over July, August and September of 2015.
“This continued growth trend shows that our focus on strengthening economic metrics is paying off. The numbers speak for themselves, and the most exciting part is this growth is organic and developed in large part by our small businesses across our city,” says Vice Mayor Ryan French.
For the year, Manchester sales tax collections are up $586,418.93 or 8.67%.