DOR: July 1% meal and beverage collection relatively unchanged at $2.78M

COLLECTION OF THE 1 percent meal and beverage tax in Rhode Island increased 0.5 percent year over year in July to $2.78 million. / BLOOMBERG FILE PHOTO/LUKE MACGREGOR
COLLECTION OF THE 1 percent meal and beverage tax in Rhode Island increased 0.5 percent year over year in July to $2.78 million. / BLOOMBERG FILE PHOTO/LUKE MACGREGOR

PROVIDENCE – Collection of the 1 percent meal and beverage tax in Rhode Island totaled $2.78 million in July, a 0.5 percent increase year over year from $2.76 million one year prior, according to the R.I. Department of Revenue Thursday.

The largest collection for the month was in Providence, accounting for $472,993, followed by Newport at $375,103.

The largest nominal increase in collection of any municipality in the state was in Newport, where collections rose $73,555 year over year. The largest nominal decline was in Warwick, where collections totaled $180,889, a $69,146 decrease year over year.

As July is the first month of the fiscal year, the fiscal year-to-date collections are the same as the monthly report.

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