R.I. Oct. collection of 1% meal and bev. tax increases 3.7 percent

COLLECTION OF the 1 percent meal and beverage tax in Rhode Island in October totaled $2.4 million, an increase of $85,926 year over year. COURTESY HEMENWAY’S/LUCAS PRESTON
COLLECTION OF the 1 percent meal and beverage tax in Rhode Island in October totaled $2.4 million, an increase of $85,926 year over year. COURTESY HEMENWAY’S/LUCAS PRESTON

PROVIDENCE – Collection of the 1 percent meal and beverage tax in Rhode Island in October increased 3.7 percent from $2.3 million to $2.4 million year over year, according to the R.I. Department of Revenue Thursday.

Providence collected most of the tax of any municipality in the state for the month at $513,978, despite collections declining $15,840 year over year.

The largest year-over-year decline in Rhode Island for October was in West Greenwich, where collection declined $20,698 to $8,585.

The largest nominal year-over-year gain in the 1 percent tax collection was in Johnston, where collections increased $14,908 to $70,271.

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Fiscal year to date, collection of the 1 percent meal and beverage tax totaled $10.4 million through October, a 6.1 percent decline from collections through October 2017, when collections totaled $11.1 million. A substantial portion of the decline in fiscal-year-to-date collections was related to a September transfer of $535,923 to sales and use tax due to audits. The total decline was $675,192.