Candidates debate sales tax revenue
September 23, 2004
Mayoral challenger Marv Teixeira blames the incumbent for letting big retailers and their sales-tax revenue slip through his fingers and out of city limits, putting the city in what he calls a “pretty tough” position.
His comments were in sharp contrast to Mayor Ray Masayko, who said the city had a record year.
At a League of Women Voters political forum Wednesday night, Teixeira said the city had lost $20 million in general retail sales within the last year.
He was referring to merchandise sales, which did decrease by $20 million since last year. In total taxable sales, the city is up this year by nearly $49.8 million.
Teixeira attributes the $20 million decrease to large merchandisers such as Wal-Mart and Kmart leaving town.
He said were mayor, he would have worked with the retailers to keep them and their valuable revenue in Carson City.
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But Masayko said the city is raking in more overall sales-tax revenue than it did in its record sales-tax-revenue year in 2002, and the city is in excellent economic condition.
The Nevada Department of Taxation reports Carson City’s sales tax revenue this year adds up to $20.5 million. In fiscal year 2001-2002, total sales-tax revenue for the city was $19.9 million.
“Carson City is in great shape,” Masayko said.
Teixeira begs to differ. He said a big boost in taxable sales this year came from amusement and recreational services, up $9.2 million since the 2002-2003 fiscal year, and eating and drinking places, up by $4 million from last year.
“Thank you, Casino Fandango,” he said. “But do you think we’re going to get another casino soon? That’s $9 million you won’t get next year.”
Contact reporter Robyn Moormeister at firstname.lastname@example.org or 881-1217.