Trenton’s city sales tax revenue, combined with the local use tax, has increased by nearly $20,000 during the first four months of the city’s fiscal year. This represents a 2.2% growth compared to the same period a year ago, spanning May through August.
The increase in revenue is primarily attributed to a rise in Trenton’s city sales tax from retail purchases within the city, which saw an increase of nearly $24,000. However, there was a decline in local use tax revenue, which fell by more than $4,400. The local use tax is generated from purchases made from out-of-state vendors and delivered to Trenton.
Overall, the combined revenue from the Trenton city sales tax and local use tax saw an increase of nearly $20,000 when comparing the period from May through August of this year to the same period last year.
