Good news for the Mukilteo economy: Sales tax revenues 33% higher than expected

MUKILTEO, Wash., July 29, 2021 – The City of Mukilteo sales tax revenues continue to perform above expectations, 33.7% higher than anticipated last fall – good news for the Mukilteo economy and for Mukilteo businesses.

“This is great news for city services, but even better news for the local economy. A healthy economy where every business is able to serve its customers safely is exactly what our city needs,” said Mayor Jennifer Gregerson.

The City has received $446,266 more than was expected in the adopted 2021 Budget. Year-to-date construction sales tax declined compared to last month, and is now 2.8% below last year. Retail sales tax remains strong at 16.7% above last year’s number. There is continued improvement in Food Services, primarily restaurants, bars and fast food, with year-to-date collections 9.1% below prior year, an improvement from -13.4% last month.

“The Mukilteo Chamber of Commerce is pleased to see the beginning signs of an improving local economy. Mukilteo small businesses are the backbone of our local economy,” said Mukilteo Chamber of Commerce CEO Kandace Barnes.”

“I encourage all residents and visitors to support Mukilteo businesses- make time for a dinner out, a cup of coffee, or just more shopping. Each of us can do our part to help,” said Mayor Jennifer Gregerson.

With an improving Mukilteo economy, the City has been able to add back staffing to improve services. Service levels for permitting and development will increase in September. Street maintenance is also receiving a long-delayed boost. The City will also ask the Council to consider using $30,000 of these funds to fully reopen Rosehill Community Center to residents. Other uses will be considered as part of the 2022 Budget process.

This data reflects in-store transactions through May; sales tax comes to the City two months after a transaction.

Source: City of Mukilteo Press Release

Mario Lotmore

Mario Lotmore is originally from The Bahamas and for the last seven years has called Mukilteo, WA his home. Having lived in every region of the United States has exposed him to various cultures, people, and approaches to life. Lotmore created the Lynnwood Times to represent the character of a diverse and growing Lynnwood. The launching of the city’s community newspaper will only help bring neighborhoods together. Lotmore was an industrial engineer by trade and proven success implementing and managing lean accountable processes and policies within his eighteen years of operations excellence, strategic development, and project management in the aerospace, manufacturing, and banking industries. Over his career he has saved and created hundreds of union and non-union jobs. Lotmore is the President of a Homeowner Association, an active Science Technology Engineering and Mathematics volunteer in his community, and former Boeing 747 Diversity Council leader. Mario’s talent is finding “that recipe” of shared destiny to effectively improve the quality of life for others.

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