Wyoming sales and use tax collections up $18.3 million, reaching $360.8 million - Casper, WY Oil City News
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Wyoming sales and use tax collections up $18.3 million, reaching $360.8 million

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CASPER, Wyo. — Compared with fiscal year 2019, Wyoming’s sales and use tax collections are on the rise.

Through the first five months of fiscal year 2020, which began in July, sales and use tax collections were up $18.3 million compared with the first five months of fiscal year 2019.

So far in fiscal year 2020, Wyoming has collected $360.8 million in sales and use taxes.

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That is according to a December report from the State of Wyoming’s Economic Analysis Division.

“For the fiscal year 2020, Converse County registered the largest gain in collections in a year-over-year comparison of $10.3 million followed by Campbell County with $2.8 million more in collections,” said Principal Economist Jim Robinson. “The retail trade (+$16.0 million) and financial activities (+$3.4 million) sectors led the way in gains by comparison to the same period in fiscal 2019.”

(State of Wyoming Economic Analysis Division)