The City of Manhattan brought in more revenue in 2020 than officials expected. Sales tax revenue for 2020 was down by about 2.6 percent from 2019, although officials thought sales-tax revenue would drop by 20 to 30 percent. Ron Fehr, Manhattan city manager, says this is partially due to a rise in online sales increasing local income from the Compensating Use Tax by 20 to 25 percent. “That didn’t necessarily help our local businesses,” Fehr said. “Some of them did switch to an online platform. Certainly, as folks were working from home and being home more and more reluctant to get out and engage our retailers, it was very convenient for them to order things online.”
Source: 1350 KMAN
