April 26, 2024 12:20 pm

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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

2 Responses

  1. Lynnwood has the 34th highest sales tax rate in the country joining many cities in Arkansas, Alabama, Louisiana, Oklahoma, California and Illinois. Bothell and Mukilteo crack the top 40. What is Marko Lisa’s, Strom Petersen and Lillian Ortiz-Self going to do in the legislature to help address this for their constituents?

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