R.I. 1% meal and beverage tax collections total $2.6M in June

RHODE ISLAND local 1 percent meal and beverage tax collections in June increased 9.3 percent year over year to $2.6 million. / BLOOMBERG NEWS FILE PHOTO/CHRIS RATCLIFFE
RHODE ISLAND local 1 percent meal and beverage tax collections in June increased 9.3 percent year over year to $2.6 million. / BLOOMBERG NEWS FILE PHOTO/CHRIS RATCLIFFE

PROVIDENCE – Rhode Island local 1 percent meal and beverage tax collections in June totaled $2.6 million, a 9.3 percent increase year over year from June 2017’s $2.4 million collection, according to the R.I. Department of Revenue Friday.

Newport had the largest year-over-year increase in local meal and beverage tax collections in June, increasing $83,854 to a total of $309,624.

Providence had the largest collection of the tax in June at $473,138.

Fiscal year to date, collections of the local 1 percent meal and beverage tax totaled $28.9 million in June, a 9.7 percent increase from fiscal-year-to-date collections in June 2017 when $26.3 million was collected.

- Advertisement -

Providence accounted for the largest increase in fiscal-year-to-date collections, increasing $783,511 to a total of $6.2 million, the most of any municipality in the state.