Sales tax collections better than expected
June 10, 2021
Despite the pandemic and its hit to the economy, Wrangell’s sales tax collections were higher than expected last year and, though lower this year, still coming in several hundred thousand dollars better than anticipated for the fiscal year that ends June 30.
Some of the better numbers likely are due to the federal pandemic relief aid that went to individuals, who spent much of the money in town, and also to the federal assistance that enabled some businesses to catch up on their bills, including sales taxes, Borough Manager Lisa Van Bargen said Tuesday.
The borough distributed much of its...