With Alexandria’s consumption tax revenues hitting an all-time high in fiscal year 2023, Mayor Justin Wilson says that the city has emerged from the economic spiral created by the 2020 coronavirus pandemic.
The city’s consumption tax revenues (sales, meals and transient lodging) peaked at $81 million in fiscal year 2023, a 7% increase over the $76 million collected in FY 2022 and 23% more than the $66 million in FY 2019, according to figures presented at Visit Alexandria‘s annual meeting on Tuesday night.