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Friday, October 18, 2024 at 7:19 AM
TriCity Insurance Agency

What a difference a year makes

Newcastle has increase in Sales, Use taxes compared to 2022

Sales and Use taxes returned to the coffers at the City of Newcastle continue to rise as the October report showed an increase of $82,869.33.

Newcastle’s .04¢ Sales and Use taxes are nearing the million dollar mark for the monthly report with this month’s coming in at $928,089.41. For comparison, the same month in 2022 had only $845,220.08.

The nearby communities of Blanchard and Goldsby showed a mix in their returns. Blanchard had a difference of $138,796.14 to the good from the previous year, while Goldsby had a loss of $40,030.61 from the same time the previous year.

Norman, Lindsay, Wayne and Noble were also slightly down on their sales tax returns compared to last year’s numbers.


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