Local options tax receipts highlight early winter

Mountain Times

3/1/2017

By Evan Johnson

At its Feb. 21 meeting, the Killington Select Board announced the local option tax results for the fourth quarter. Killington took in $153,655.43 in sales and use and $92,823.89 in room and meals receipts during October, November and December.

The fourth quarter results bring the totals for 2016 to $355,152.11 in rooms and meals and $463,969.12 for sales and use.

Speaking at the meeting, Select Board Chair Patty McGrath attributed the Audi FIS World Cup in late November and good weather in the holiday season that followed.

Results from the fourth quarter represent increases over the third quarter. In rooms and meals, receipts totaled about $14,000 higher while sales and use receipts were about $53,000 higher. Receipts were actually higher, as the state takes 30 percent of the taxes collected.

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