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Fri December 30, 2011
State sales and use tax collection up in 2011
Wyoming collected more sales and use taxes this year than last. The state brought in almost 28 million dollars more by the end of November. That’s almost a 10-percent increase over the same period in 2010.
Wyoming Senior Economist Jim Robinson says Natrona leads all Wyoming counties in increased sales and use tax collections.
“Of the 23 counties, that that one at this point in time had the largest gain compared to last year. So the good news about that, from an economist’s point of view, is that that tells me that spending is up, then. And that should be boosting the economy, at least in Natrona County.”
Robinson says transactions in the mining industry, including purchases of equipment, have brought in an additional 8.8 million dollars to the general fund this year.
“Pretty much the energy sector is still what is driving Wyoming’s economy and the recovery that we’re going through right now, since the recession.”