North Platte sales taxes wrap up new annual record in November
By: Todd von Kampen | Jan 20, 2025 Updated Jan 20, 2025
North Platte’s local sales tax take recovered to near all-time record levels in November, clinching a new annual high with 2024’s last month yet to be unreported.
Net collections from the city’s combined 2% sales tax were just over $1.465 million, less than $8,000 shy of September’s $1.473 million record for any month.
That lifted the state’s overall 2024 sales tax remittances to nearly $14.8 million, beating the $14.3 million collected during 2023 when a voter-approved half-cent tax for recreation projects took effect that April.
Year-end totals won’t be known until the Nebraska Department of Revenue reports net local December sales taxes in mid-February. The state typically takes about six weeks to process and send back local taxes after each month ends.
Lincoln County’s 4% lodging tax netted $66,787 for tourism promotion during November, the Revenue Department reported.
That lifted the county’s 11-month 2024 total to $1.18 million, about $89,000 behind 2023’s record of $1.27 million. But hotel-motel taxes during December would have to crush that month’s record of $68,379 — also recorded in 2023 — to continue the county’s three-year annual upward trend.
November’s North Platte sales tax total beat that month’s 2023 record of nearly $1.33 million by 10.2%. After September’s all-time record, net October sales taxes had cooled off to $1.16 million.
View on the North Platte Telegraph here: https://nptelegraph.com/news/local/business/north-platte-sales-lodging-tax-november/article_541d121e-d772-11ef-b4c5-cf0e3d671526.html