Spending is up in South Mississippi
South Mississippi cities will see a collective $240,000 bump in the next tax diversion from the state as consumers spend more at South Mississippi shops and restaurants than a year ago.
Mississippi Department of Revenue reported Thursday the 12 Coast cities will receive $5.5 million in tax diversions for taxes collected at businesses in July. The “big three” retail cities saw the largest year-over-year gains, led by Biloxi up $110,000, Gulfport up $82,000 and D’Iberville up $43,000.
This follows a $10,000 increase in the July report for June sales.
Economic indicators - sales tax
Diversions to cities
August 2016 | August 2015 | Change | |
Bay St. Louis | $137,112 | $128,476 | + $8,636 |
Biloxi | $1,222,981 | $1,113,385 | + $109,596 |
D’Iberville | $618,236 | $574,870 | + $43,366 |
Diamondhead | $49,294 | $52,464 | - $3,170 |
Gautier | $182,535 | $180,379 | + $2,156 |
Gulfport | $1,821,128 | $1,739,300 | + $81,828 |
Long Beach | $121,912 | $117,637 | + $4,275 |
Moss Point | $164,740 | $167,397 | - $2,657 |
Ocean Springs | $422,614 | $411,698 | + $10,916 |
Pascagoula | $419,054 | $441,685 | - $22,631 |
Pass Christian | $120,567 | $110,320 | + $10,247 |
Waveland | $207,591 | $210,418 | -$2,827 |
Total | $5,487,764 | $5,248,029 | $239,735 |
Source: Mississippi Department of Revenue
This story was originally published September 15, 2016 at 1:33 PM with the headline "Spending is up in South Mississippi."