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Auditor: Huron County finances in 'very solid shape'

By SCOTT SEITZ • Dec 1, 2015 at 7:00 PM

Another month, another record broken for sales tax collection in Huron County.

Auditor Roland Tkach just released the new batch of numbers, which reflect August sales.

Tkach reported $888,521 was collected in sales tax in August, up from $801,897 brought in during the same time period a year ago.

The $888,521 figure is an all-time record for that month.

“Sales tax collection in Huron County continues to see an increase,” Tkach said. “The strength in the local retail market is helped by lower gas prices and stable interest rates.”

Tkach later re-emphasized the importance of lower gasoline prices.

“Especially, when you consider where they were a year ago,” he said. “The lower gas prices gives consumers more money to spend in other places. They have decided to spend that money in Huron County at our local retailers.”

Tkach said Mom and Pop stores made up 33 percent of the sales tax total, while big-box stores accounted for 23 percent.

Vehicle sales were at 21 percent of the total. Tkach says he likes to see vehicle sales at 25 percent each month.

Tkach was asked how long this record pace continue with sales tax.

“I really don’t know,” he said. “I’m cautiously optimistic. We really appreciate folks buying in Huron County.”

There has been recent discussion among county officials as to the exact status of the finances as 2015 comes to a close.

Tkach has said previously the county has already met the sales tax collection estimate for the year heading into November and December, so, in essence, the money collected during these two months could be considered “extra.”

“The county finances are in very solid shape,” he added.

 

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