LB - Yavapai Herbal Services

Home | Classifieds | Place an Ad | Public Notices | Galleries | Kudos | Obituaries | Real Estate Search | Subscriber Services | Contact Us
Camp Verde Bugle | Camp Verde, Arizona

home : latest news : latest news May 26, 2016


6/24/2014 2:31:00 PM
Sales tax revenue boost for Camp Verde, Cottonwood
Year-to-year revenue numbers improved for Cottonwood and Camp Verde in May, but slipped in Clarkdale and Jerome.
Year-to-year revenue numbers improved for Cottonwood and Camp Verde in May, but slipped in Clarkdale and Jerome.

Cottonwood hit its six-month stride for positive growth in sales tax receipts in May, according to a new report from the Arizona Department of Revenue.

Big box stores, mainly Wal-Mart and a couple others, draw visitors from around the Verde Valley to spend money in Cottonwood, said administrative services general manager Rudy Rodriguez.

"It's always a pleasant surprise to have increases from year to year, but we do strive to be the economic hub for the Verde Valley," he said. "This is a strategy from years and years back."

Events like Tilted Earth bring in hundreds of people at a time, and happen year round. Rodriguez said the city is looking forward to its upcoming Thunder Valley Rally and Rhythm and Ribs.

"These are all by design meant to encourage people to come into the Verde Valley and also to get Cottonwood out there as a place to visit," he said.

Retail trade got an $89,000 boost to bring in about $748,000, and increases in construction, manufacturing, and real estate, rental and leasing also influenced the city's 13.6 percent increase in May.

The summer season brings visitors, Rodriguez said.

"On Friday afternoons, people are coming up the mountain," he said. "Sunday evening they all head down to Phoenix for jobs. Those are the ones we're trying to get off the I-17 to come visit."

Camp Verde had its second positive month since January, at about 5.7 percent higher in May than the same month in 2013.

A category called "other" was the main driver of the change at $60,000 in May compared to its usual value in the teens. This could be because the values were recorded incorrectly, or because it's impossible to keep the numbers anonymous if one company is the only contributor in a category, said Camp Verde economic director Steve Ayers.

In the six months since December of last year, February and March recorded the biggest drops in tax revenue, at more than 13 percent less.

Projects slated to start later in the year will help boost revenues, Ayers said, though how long it takes for those improvements to show in sales tax numbers is unclear.

People have been inquiring about properties available near the future hospital, which will begin being constructed around October.

"Even though it's been kind of a rough year in terms of dollars and cents coming and going, it's been a fantastic year as far as indicators of the future go," Ayers said.

Jerome continues to fluctuate from month to month. Though the town recorded a 10.6 percent increase in April sales tax revenues, May collections were 9.1 percent less in 2014 compared to the same month last year.

Restaurants and bars brought in about $4,000 less and retail trade fell by about $2,000, the two main contributors to the May decrease.

Clarkdale had shown positive growth in March and April compared to last year, but lagged by 6.4 percent in May. Construction was again a major influence, going from almost $14,500 to $6,000.



Follow the reporter on Twitter @ymgonzal and Instagram @VerdeValleyNews



ICT - Lamb Auto 0501 Nissan 180x150

    Most Viewed     Recently Commented
•   Police soon will have one more reason to pull you over (2126 views)

•   Anyone want to buy a bridge? (544 views)

•   Camp Verde yearbook staff wins Gallery of Excellence award (490 views)

•   Northern Arizona Healthcare Camp Verde open house June 10 (424 views)

•   Cop Talk: Camp Verde marshal talks DUI saturation at monthly 'Coffee with a Cop' meeting (419 views)



Reader Comments

Posted: Wednesday, June 25, 2014
Article comment by: Go Camp Verde

I'm such a fan of Camp Verde. I've lived here most of my life and I'm excited to see what the future holds for our little town. The possibilities are endless and the leadership is motivated. GO CAMP VERDE!



Article Comment Submission Form
Comments are not posted immediately. Submissions must adhere to our Use of Service Terms of Use agreement. Rambling or nonsensical comments may not be posted. Comments are limited to Facebook character limits. In order for us to reasonably manage this feature we may limit excessive comment entries.
Submit an Article Comment
First Name:
Required
Last Name:
Required
Telephone:
Required
Email:
Required
Comment:
Required
Passcode:
Required
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.
   


Advanced Search

HSE - We want to hear from you
HSE - Father Son Look a Like Contest
HSE - Readers Choice
Find more about Weather in Camp Verde, AZ
Click for weather forecast





Find It Features Blogs Celebrate Extras Submit Other Publications Local Listings
Classifieds | Place an Ad | Galleries | Kudos | Obituaries | Real Estate Search | Subscriber Services | e-News | RSS | Site Map | Contact Us
LB - Coldwell Banker 1019

© Copyright 2016 Western News&Info, Inc.® Camp Verde Bugle ® is the information source for Cottonwood and Verde Valley area communities in Northern Arizona. Original content may not be reprinted or distributed without the written permission of Western News&Info, Inc.® Camp Verde Bugle Online is a service of WNI. By using the Site, cvbugle.com ®, you agree to abide and be bound by the Site's terms of use and Privacy Policy, which prohibit commercial use of any information on the Site. Click here to submit your questions, comments or suggestions. Camp Verde Bugle Online is a proud publication of Western News&Info Inc.® All Rights Reserved.

Software © 1998-2016 1up! Software, All Rights Reserved