March sales in VW County rise
Saturday, May 24, 2014 12:00 AM
VAN WERT — After five consecutive months of losses in sales tax collection in Van Wert County, the trend reversed in March as collections jumped by a little more than 16 percent. The figures released this week by Van Wert County Treasurer Bev Fuerst showed an increase in buying within the county, but not necessarily local buying. A big jump was reported in seller’s use tax, which is on purchases made to consumers in Van Wert County from out-of-state retailers. These funds could be from out-of-state retailers set up and selling in Van Wert County or sales by Internet or telephone.
Even without the jump in seller’s use tax, the county still showed an increase for sales made during the month of March. Collections for the month totaled $47,041 more than the same month one year prior. The seller’s tax collection rose by approximately $24,380.
After years where the county showed repeated growth in sales tax collection on Van Wert County’s 1.5 percent in local permissive sales tax, that trend stopped with the December 2013 report on October sales. Since that time, totals were marginally lower each month. The higher collections in the May report did not entirely make up the difference for the year. Van Wert County is running about $29,000 behind in 2014 collections.