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Camp Verde collects more in sales taxes
Written by Mark Lineberger   
Thursday, 31 October 2013 10:45

Taxes collected by the state were up in most of the municipalities in the Verde Valley in September.Clay Hauser pays Claudia Hauser for his own pumpkin at a local farm in Camp Verde. Because pumpkins are considered a food product, just like sweet corn, there is no sales tax on them. However, because each pumpkin sold is income for the farm, sales from the pumpkins are figured into income taxes.

Transaction taxes are revenues collected by the state generated across a wide range of economic sectors ranging from real estate deals and utilities to retail sales and restaurant receipts.

Numbers for September were released this month by the Arizona Department of Revenue Office of Economic Research and Analysis.

Boosts in retail trade sales taxes helped push the numbers up over the same time last year, as people are spending more money in the Verde Valley.

For the full story, see the Wednesday, Oct. 30, edition of the Camp Verde Journal.

 

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