- City suspends liquor license for downtown Cape bar; owners say they want to fix problems (3/26/17)7
- Mall aboard: Future requires evolution at West Park Mall (3/24/17)24
- Legal discrimination complaint, ethics complaint filed in Scott City government (3/22/17)13
- Business notebook: Cape native goes from farm to mobile-food operation (3/20/17)1
- Former Southeast softball coach sues Board of Regents; seeks damages and her job back (3/23/17)15
- Former Scott City administrator: 'I was forced to resign' (3/21/17)6
- Triplett manslaughter case set for July 2018 (3/21/17)2
- Two people found dead in Advance house fire (3/21/17)
- Two Cape men charged with second-degree murder of Grandi (3/21/17)2
- Lawmakers put prevailing wage in crosshairs; laborers object (2/12/17)10
Sales tax numbers
When looking for economic bright spots in Southeast Missouri, consider sales tax receipts in Cape Girardeau. General sales tax revenue mustered a slight gain (0.32 percent) for the first seven months of the year in the city, while most other taxing entities in our area showed declines.
And Cape Girardeau's sales tax on hotels, motels and restaurants is providing another bit of positive news. In the fiscal year that ended in June, the combined receipts for the hotel-motel-restaurant tax were up nearly 3 percent form the year before.
Hotels, motels and restaurants appear to be doing fairly well thanks to Cape Girardeau's location as well as having events year-round that draw people for overnight stays. These include the American Junior Golf Association's Rolex Tournament, softball tournaments, state and regional meetings of large organizations and River Campus shows.
The fiscal year 2009 sales tax figures continue a five-year trend that has seen revenue go up by about 30 percent over five years. The biggest year for hotels and motels was 2006 when the new Holiday Inn Express opened. Restaurants saw a good jump in revenue in 2007, with solid increases in both of the following years.
Positive sales tax receipts are good news.