Friday, October 28, 2005

Ketchum LOT comes in over budget

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By REBECCA MEANY
Express Staff Writer

A strong showing on sales tax from some retail purchases in Ketchum helped boost September's local option tax figures nearly 6.7 percent from last year's numbers.

The "other retail receipts" category amounted to $145,096-a 9.23 percent increase over the same category's figures last September.

The total amount of local option taxes collected in September, reported to the city in October, amounted to $230,640.

That number is up from last September, when receipt totals came to $216,214.

The city's fiscal year-end total was up more than 4 percent over the previous year's: $2,074,966 this year, compared with $1,991,708 last fiscal year.

The city had budgeted in the general fund $1,933,726 for this fiscal year, which ended Sept. 30.

Condo receipts for the month of September dropped more than 11 percent from last year's numbers, from $10,586 to $9,406.

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Room receipts rose more than 5 percent, with a September figure amounting to $16,748.

Liquor receipts figures showed a skimpy increase of .03 percent, for a total take of $20,545.

Building materials receipts amounted to $38,845, almost a 7 percent jump from the previous September's figures.