MT. VERNON - Receipts in the city diesel fuel tax and the food/beverage tax continue to increase. "Diesel sales in Mt. Vernon are going strong," City Manager Ron Neibert reported. "Those numbers are not a reflection of price, but a reflection of the gallons of fuel being sold." The 2 cent per gallon diesel fuel tax and the 1 percent food/beverage tax receipts are being used for capital projects and equipment.
The diesel fuel tax receipts are coming in 22.2 percent higher than last year, with a steady increase being shown from when it went into effect in September 2008. The yearly totals in 2008-09 fiscal year, with a partial year collected, were at $339,088; during the 2000-10 year, $514,845 was collected; in 2010-11, 515,882 was collected. With the city fiscal year beginning May 1 and running through April 30, diesel fuel tax receipts for May were up 4.7 percent from the previous year, coming in at $44,469.
June receipts were up 12.3 percent from the previous year at $49,235. July receipts were up 19.2 percent at $52,047. August receipts were up 19.6 percent, at $57,647. September receipts are up 33.3 percent from the previous year at $57,119. October receipts saw the largest increase at 44.4 percent, at $63,650. November receipts were up 29.6 percent, at $51,024; and December receipts were up 14 percent, coming in at $44,535.
The 1 percent food and beverage tax only had one month which showed a 0.6 percent decrease, all other months in the fiscal year have shown an increase over the previous fiscal year. - http://goo.gl/QvBve
