Sales tax income drops in Q1
July 8, 2020
PINEDALE — Figures released Monday by the Wyoming Economic Analysis Division report Sublette County collected 42% less sales and use taxes in the first quarter of 2020 compared to the previous year.
That is the largest decline experienced by any county.
The state overall saw a drop of $4.2 billion or a decline of 5.7%.
While decreases occurred in most economic sectors, the largest decline was in the mining sector, which includes the oil and gas industries.
Retail trade reported increases in sales and use taxes largely due to new legislation that requires taxes be paid by remote seller...