Tax trend may point to stable economy

A recent upward trend in St. Mary Parish sales and use tax collections may indicate a stabilization of the area’s economy, according to a parish official. Parish officials collected $2.72 million in November, an increase of 1.4 percent from the $2.68 million collected in November 2016. Officials collected $27,376 during November as a result of financial audits, while $28,940 was collected due to audits during the same month of 2016. “November collections show a slight increase over last year, which with what we’ve seen in the last few months, may be indicative that the local economy may have stabilized,” Parish ...

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