{"id":33042,"date":"2020-02-12T12:31:20","date_gmt":"2020-02-12T17:31:20","guid":{"rendered":"http:\/\/www.wrfalp.com\/?p=33042"},"modified":"2020-02-12T12:34:04","modified_gmt":"2020-02-12T17:34:04","slug":"jamestown-finishes-2019-with-515000-more-in-sales-tax-revenue-than-originally-budgeted","status":"publish","type":"post","link":"https:\/\/www.wrfalp.com\/jamestown-finishes-2019-with-515000-more-in-sales-tax-revenue-than-originally-budgeted\/","title":{"rendered":"Jamestown Finishes 2019 with $515,000 More in Sales Tax Revenue than Originally Budgeted"},"content":{"rendered":"
\"\"<\/a>

Jamestown City Comptroller Joe Bellitto (standing) shares the final sales tax figures for 2019 with the Jamestown City Council during its Feb. 10, 2020 work session meeting.<\/em><\/p><\/div>\n

JAMESTOWN – The city of Jamestown had another “very good” quarter for sales tax revenues during the final quarter of 2019.<\/p>\n

\"\"<\/a>

A comparison of the quarter-by-quarter sales tax revenue for the city of Jamestown for both 2018 and 2019. <\/em><\/p><\/div>\n

City Comptroller Joe Bellitto<\/strong> updated the Jamestown City Council<\/strong> this past Monday night, saying the city’s fourth-quarter payment of $1,663,443 was $94,371 more than the amount it received during the same time period one year earlier.<\/p>\n

With the final quarter now in the books, the city now knows how much sales tax revenue was actually brought in during 2019. The total sales tax revenues received was $6,715,249. That’s $515,000 (8.3%) more than the $6,200,000 that was initially budgeted in the 2019 city budget. It’s also $280,913 (4.4%) more than what the city collected in 2018.<\/p>\n

According to Bellitto, the average annual increase for sales tax in Jamestown during the past decade was at about 2.2%, meaning the 2019 increase more than doubled that 10-year trend.<\/p>\n

Bellitto also said the increase in sales tax for the year follows a state wide trend. Last week the state comptroller’s office reported sales tax was up by 4.7% statewide in 2019.<\/p>\n

With the 2019 sales tax figures reported, one of the final key pieces of the 2019 city audit is now in place. That audit will likely be completed and reported to the city council in the early summer.<\/p>\n

Meanwhile, for the 2020 adopted budget, city officials settled on $6,500,000 as the anticipated projected sales tax revenue for the year. The first quarter report of the new year will be delivered to the city council in early May.<\/p>\n","protected":false},"excerpt":{"rendered":"

JAMESTOWN – The city of Jamestown had another “very good” quarter for sales tax revenues during the final quarter of 2019. City Comptroller Joe Bellitto updated the Jamestown City Council this past Monday night, saying the city’s fourth-quarter payment of $1,663,443 was $94,371 more than the amount it received during the same time period one […]<\/p>\n","protected":false},"author":22,"featured_media":33043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[8537,9709,1122,1240,1974],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2020\/02\/City-Council-Bellitto.jpg?fit=944%2C633&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3YlJ4-8AW","jetpack-related-posts":[{"id":25283,"url":"https:\/\/www.wrfalp.com\/sales-tax-revenue-for-jamestown-outpacing-previous-year\/","url_meta":{"origin":33042,"position":0},"title":"Sales Tax Revenue for Jamestown Outpacing Previous Year","author":"WRFA Radio","date":"May 14, 2018","format":false,"excerpt":"JAMESTOWN - A major revenue stream for the city of Jamestown is looking better than expected, at least for the first quarter of this year. Jamestown finance director Joe Bellitto last week released the first quarter sales tax revenue numbers for the city, saying the revenue line was up $83,847,\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2014\/08\/JamestownSeal-297x300.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":31796,"url":"https:\/\/www.wrfalp.com\/jamestowns-third-quarter-sales-tex-revenue-reaches-all-time-high\/","url_meta":{"origin":33042,"position":1},"title":"Jamestown’s Third Quarter Sales Tex Revenue Reaches ‘All Time High’","author":"WRFA Radio","date":"November 19, 2019","format":false,"excerpt":"JAMESTOWN - The Jamestown City Council received more positive financial news on Monday night from Comptroller Joe Bellitto. According to the latest numbers from Mayville, the city's third quarter sales tax revenue was up 6.3% over the previous year, putting it an an all-time high of $1,927,439. That means through\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2014\/08\/JamestownSeal-297x300.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":28612,"url":"https:\/\/www.wrfalp.com\/jamestown-sees-435000-more-in-sales-tax-than-budgeted-for-2018\/","url_meta":{"origin":33042,"position":2},"title":"Jamestown Sees $435,000 More in Sales Tax than Budgeted for 2018","author":"WRFA Radio","date":"February 12, 2019","format":false,"excerpt":"JAMESTOWN - City officials received some good news from its top financial director on Monday night. Comptroller Joe Bellitto released the sales tax numbers for the final quarter of 2018, showing the city collected $1,569,000 in sales tax revenue from October through December. That number was $41,000 - or 2.7\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2014\/08\/JamestownSeal.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":21003,"url":"https:\/\/www.wrfalp.com\/sales-tax-revenue-for-jamestown-declines-in-2016\/","url_meta":{"origin":33042,"position":3},"title":"Sales Tax Revenue for Jamestown Declines in 2016","author":"WRFA Radio","date":"February 8, 2017","format":false,"excerpt":"JAMESTOWN - Although Chautauqua County had a successful year when it comes to sales tax revenue, the same can\u2019t be said for the city of Jamestown. On Monday night city comptroller Joe Bellitto delivered the final 2016 sales tax revenue numbers to Jamestown City Council members, saying the city finished\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2014\/08\/JamestownSeal.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":26259,"url":"https:\/\/www.wrfalp.com\/city-sales-tax-revenue-higher-than-anticipated-for-first-half-of-year\/","url_meta":{"origin":33042,"position":4},"title":"City Sales Tax Revenue Higher than Anticipated for First Half of Year","author":"WRFA Radio","date":"August 23, 2018","format":false,"excerpt":"JAMESTOWN - The Jamestown City Council received some positive financial news on Monday with a report sales tax revenue for the second quarter being higher than projected. City Comptroller Joe Bellitto reported to the finance committee that sales tax revenues totaled $1,600,710 for the second quarter , which was an\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2014\/08\/JamestownSeal-297x300.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":29875,"url":"https:\/\/www.wrfalp.com\/29875-2\/","url_meta":{"origin":33042,"position":5},"title":"Sales Tax Revenue for First Quarter of Year Down Slightly from 2018","author":"WRFA Radio","date":"May 7, 2019","format":false,"excerpt":"JAMESTOWN - The Jamestown City Council's finance committee Monday night reviewed the first quarter sales tax revenue numbers for 2019. 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