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).
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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.
