Oxford Tax Revenues Surge
Oxford reports record August sales tax collections, up 7.6% from last year
The city's August sales-tax revenue set a new monthly record, according to a report delivered at the Nov. 3 Board of Aldermen meeting.
The report, attributed to the presiding official identified as Mayor Robyn Tannehill in the mayor's report portion of the meeting, stated that "sales tax collections set a new record, coming in right over 1.5 million dollars. That's up 7.6% from the same month last year." The figures were presented as part of the mayor's regular report to the board. The same report cited the city's 2% food-and-beverage tax at $533,000, up 13.3% year-over-year, and hotel-motel tax collections of $119,000, up more than 12%, figures described in meeting coverage as "huge increases year-over-year."
The numbers represent the city's own revenue data rather than a press release summary. Sales, food-and-beverage and hotel tax collections all posted double-digit or near-double-digit annual gains, offering dated evidence of growth in Oxford's tax base. City officials have not yet confirmed the exact figures against finance office records, and the identity of the speaker delivering the report has not been independently verified against the meeting roster.