Wrangell sets record for sales tax revenues
Collections from online merchants continue to climb
November 1, 2023
The borough collected a record amount of sales tax revenues in the fiscal year that ended June 30, passing the $4 million mark.
A growing share of the borough’s tax collections is coming from online sales, just over $401,000, according to Finance Director Mason Villarma.
That 10% share of total sales tax receipts in the past fiscal year is substantially higher than the roughly 6% share two years ago.
“It’s bittersweet,” Mayor Patty Gilbert said of the increase in online shopping.
The increased tax revenue is not entirely the result of residents spending more online; it’s also more...