The Town of Manchester received Local Option Tax (LOT) revenues from the State of Vermont Department of Taxes for the fourth calendar quarter of 2016 on February 15, 2017.
For meals, rooms and alcohol local option tax revenues, collections increased $10,876 from $93,747 in 2015 to $104,623 in 2016. This represents an increase of 11.6% between 2015 and 2016.
For sales tax, collections decreased $8,747 from $206,692 in 2015 to $197,945 in 2016. This represents a decrease of 4.2% between 2015 and 2016.
Overall, local option tax revenues (meals, rooms and alcohol, as well as sales tax) increased $2,219 between 2015 and 2016 for the fourth calendar quarter.
For more information about local option taxes visit http://tax.vermont.gov/business-and-corp/sales-and-use-tax/local-option-tax.