New Fiscal Year Begins Strong in Local Option Sales Tax Collections

August 25, 2023
By: Dwayne Page

The new fiscal year has started off strong in terms of local option sales tax collections in DeKalb County.

According to the Tennessee Department of Revenue, DeKalb County took in $210,447 in local option sales taxes for July 2023 which is up from $196,757 in July 2022.

Collections were also up in three of the four towns in July.

In Smithville, July, 2023 local option sales taxes totaled $422,519 compared to $395,674 in July 2022. Collections for Liberty in July 2023 were $10,528, down from $13,878 collected in July 2022. Dowelltown took in $3,044 in July 2023, up from $2,745 in July 2022. Alexandria saw an increase from $25,218 in July 2022 to $29,741 in July 2023.

Net Collections with the county and cities combined showed a jump in local option sales tax collections in July 2023 to $676,282, up from $634,274 in July 2022.

July sales tax collections reflect previous month activity.

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