The novel coronavirus may have finally struck local tax collections. Both of City of Hutchinson and Reno County experienced significant drops in their respective tax distributions for September compared to both last month and the same month last year. Both online and in-store sales took hits, the data show. Retailers collected the taxes on July sales. Thanks to strong returns over the summer, the city remains ahead of collections compared to the first nine months 2019, while the county fell about a half-percent behind. For September, the city received just over $210,000 in compensating use tax receipts, which are sales taxes collected on catalog and internet sales. That compared to more than $225,500 received for the same period last year, for a 7% drop.
Source: News – The Hutchinson News
