Post Content

Alexandria sales and meals taxes rebound, but hotel lodging still greatly diminished

New data from tax collection over the summer shows a minor rebound for sales and meals in Alexandria, but while it’s a positive sign, Mayor Justin Wilson cautioned that they don’t quite tell the full picture.

In March, local sales tax revenue reached a high of nearly $3 million. Since the start of the year, sales tax revenue has been higher than it was in those respective months the last two years, but the fact that COVID-19 seemed to have a negligible impact on sales last summer indicates that most of that is driven by online sales rather than local business, which Wilson confirmed.

“Sales tax strong,” Wilson wrote on Facebook, “but driven by online sales.”

The brighter news was for the restaurant industry, where meals tax revenue overshot even 2019’s numbers in both June and July. As of the end of August, the city had collected $2.6 million in meals tax revenue as compared to $2.3 last year, which had been boosted by a strong start to the year before those figures tanked in March and April.

But transient lodging tax figures remain abysmal: $776,805 total as compared to $312,598 last year. Regionally, hotels have faced an uphill battle toward recovery, with hotels around the region estimated to lose $2.3 billion in revenue this year.

Last year, Kendel Taylor, the city’s director of finance, warned that full economic recovery from the COVID-19 pandemic could be at least two years away. While the numbers are promising, Wilson warned there is still more work to do to get the city’s businesses back on track.

Recent Stories

A 17-year-old was found guilty today for the murder of 18-year-old Luis Mejia Hernandez in the parking lot of the Bradlee Shopping Center. The tragic killing was, however, just part…

The Office of Historic Alexandria is going all out for Juneteenth this year with four events, a storytelling event, and more around the city. Juneteenth, celebrated June 19, marks the…

Age is just a number and this kitty would agree! Nomi is a black senior cat up for adoption at the Animal Welfare League of Alexandria. This elegant girl is…

A 17-year-old former Alexandria City High School student was found guilty Tuesday for last year’s fatal stabbing of 18-year-old Luis Mejia Hernandez in the parking lot of the Bradlee Shopping Center….

Are you seeking a confidential space where you can explore your emotions, overcome challenges, and find inner peace? Look no further than our dedicated psychotherapy service! We understand that life can be overwhelming at times, and we’re here to support you every step of the way.

At Peaceful Mind Solutions, our passion lies in helping individuals like you navigate life’s complexities and find the strength to thrive. Our skilled and compassionate therapist is committed to creating a warm, non-judgmental environment where you can express your thoughts and feelings openly. With our personalized approach, we tailor each session to address your unique needs and empower you to overcome obstacles.

Through evidence-based techniques and a deep understanding of the human mind, our therapist will guide you on a transformative journey of self-discovery. Whether you’re dealing with anxiety, depression, relationship issues, or simply seeking personal growth, we’re here to provide guidance and practical tools for lasting change.

Read More

Submit your own Community Post here.

Time flies when you’re having fun! The T.C. Williams High School Class of 1973 will hold its 50th reunion July 21-23, 2023 in Alexandria. All graduates and their adult nears and dears are welcome. Events include a Friday evening icebreaker, Saturday dinner dance, and a Sunday brunch. For more information: tcwilliams73.com, 770.789.3534.

Submit your own Community Post here.

×

Subscribe to our mailing list