The city of Rollingwood is on pace to see its highest-grossing sales tax revenue in at least the past six fiscal years, according to data from City Administrator Charles Winfield.
From October through December 2013 the city averaged $56,338 in sales tax, the first time the city has averaged more than $50,000 per month for the first three months of a fiscal year since FY 2008–09 when it averaged $51,784, according to the data.
The city has seen an increase in revenue of at least $50,000 every fiscal year since it dipped to $482,690 in FY 2010–11, according to the data.
Winfield said Rollingwood is on pace to see an increase of more than $80,000 in sales tax revenue in FY 2013–14 compared with last fiscal year. The city has already seen sales tax revenue increase by 36 percent in October, 35 percent in November and 62 percent in December compared with last fiscal year.
