Home News Local News City’s GRT collections continue upward trend

City’s GRT collections continue upward trend


Copyright © 2021 Roswell Daily Record

Despite health orders limiting or closing businesses, Roswell’s gross receipts tax collections in June continued a general upward trend, driven largely by retail sales.

The gross receipts tax report to be presented at Thursday morning’s city of Roswell Finance Committee meeting shows the city’s August GRT distribution at $3.1 million. The city, anticipating a drop in GRT due to the coronavirus pandemic, budgeted for $1.9 million, resulting in a difference of $1.2 million.

With the first two months of fiscal year 2021 bringing in more GRT than anticipated — July was $1.1 million more than budgeted — the committee will consider recommending to the full council that city employee furlough days for the remainder of 2020 be dissolved. The City Council will consider that item at a special meeting Thursday night.

The city requested reports from the state breaking down the collections by industry for this month’s report to the committee. The retail trade sector was the largest contributor for August’s distribution of GRT — collected in June — at about $3 million, according to charts included in the committee’s meeting agenda packet.

That sector has been on a general upward trend since February, when collections were around $2 million.

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The top five industries for GRT collection for Roswell, according to the charts, are construction, accommodation and food, health and social care, and other services except public administration.

The “other” category includes services such as religious, grant making, civic and professional organizations, according to definitions provided by the New Mexico Taxation and Revenue Department.

Also on the agenda for Thursday’s meeting are the following items:

• A review and discussion of the city’s new conceptual housing development program selling city-owned properties.

• A review and discussion of the master plan for the old municipal airport focusing on the Cielo Grande ballfields and all-inclusive park.

• Consider awarding a request for proposal to MRWM Landscape Architects, Albuquerque, for concept and engineering plans for Roswell Market Walk, a three-block area in the Railroad District Metropolitan Redevelopment Area.

• Requests for Lodgers Tax Funds for the 2021 Milkman Triathlon, Hike It and Spike It and Roswell Symphony Orchestra spring concerts.

• A recommendation to award a study of water, wastewater and solid waste rates to NewGen Strategies and Solutions, Austin, Texas, at a cost of $117,693.

• Consider a change order in the amount of $228,299 repairing the full width of the road on the North Garden Bridge project.

The committee will meet at 9 a.m. Thursday at the Roswell Convention & Civic Center, 912 N. Main St. Due to state health orders, the public is encouraged to attend online using virtual meeting software GoToMeeting.

To join the meeting from a computer, tablet or smartphone, the meeting can be accessed at https://global.gotomeeting.com/join/822397005 or by calling 669-224-3412 and using access code 822-397-005.

City/RISD reporter Juno Ogle can be reached at 575-622-7710, ext. 205, or reporter04@rdrnews.com.