Sales tax collections have topped the $2 million mark for the second time in three months in Grand Forks. The City brought in more than $2 million for the month of October, the third highest amount recorded since the inception of sales tax in 1985.
This marks the second time this year the sales tax collection has topped the $2 million mark, and it’s the fourth time the revenue has landed in the top 10 list. The October revenue represents the sales tax collected for the month of August 2013.
Sales tax revenue for the City of Grand Forks is nearly 4% higher than the same time last year.
For the 2013 calendar year, the sales tax collected totals $16.3 million, up more than $613,000 from the same ten month span in 2012.