PROVIDENCE – Collection of the 1 percent meal and beverage tax in Rhode Island totaled $2.6 million in September, an increase of $212,521, or 9 percent, on the $2.4 million collected one year prior, the R.I. Department of Revenue announced Thursday.
Providence was the municipality that saw the largest nominal increase year over year in September, rising $81,296 to $534,603, a 17.9 percent increase. Providence collected the largest amount of 1 percent meal and beverage tax for the month, followed by Newport at $306,981 (which itself experienced an 8.9 percent in collection of the tax).
Meet Amgen Women Leaders in Science
Join us for an enlightening forum featuring Alli Ferguson and Satpal Kundra, two distinguished women…
Learn More
Westerly was the municipality with the largest nominal decrease for the month, falling $11,365 year over year to $87,235, an 11.5 percent decline.
Fiscal year to date, collection of the 1 percent meal and beverage tax totaled $8.7 million, an increase of 10.7 percent, or $844,056, year over year.
Providence and Newport have shown the largest nominal increases on a year-to-date basis as well, $270,650 and $132,552, respectively, with fiscal 2018 year-to-date totals of $1.6 million for the Capital City and $1.1 million for the City by the Sea. The largest decline was reported by East Greenwich, $140,921.
Chris Bergenheim is the PBN web editor.
