By Lena Mitchell/NEMS Daily Journal
CORINTH – Corinth sales tax collections reported this week are up from the previous month, also compared to last month.
In the first full month of tax collections – March 2013 – since liquor sales became legal in Corinth, the numbers may reflect the impact of the new tax revenue source, though collections tend to rise and fall from month to month anyway.
The sales tax amount reported for March was $486,987, compared to $445,209 for February, said City Clerk Vickie Roach. Though the March figure is an increase of about 9 percent higher than February, it is about 4 percent lower than the $507,754 sales tax reported in March 2012.
The higher sales tax collections in 2012 may reflect increased tourist visits as a result of special events throughout the year commemorating the Sesquicentennial of the Siege of Corinth, the Battle of Corinth and the Battle of Shiloh.
The March 2013 sales tax report also is separate from the 2 percent tourism tax collection, with the tourism tax totaling $101,959, an increase of about 6 percent over February’s collections of $96,063.
In December, Corinth voters approved legalizing liquor and wine sales by a margin of more than 2-to-1 in the first election under a new state law that allowed city-only votes on liquor.
Corinth supporters of legal liquor and wine sales pressed the state Legislature in 2011 for the new law.