Sales Tax Revenues Up 5 Percent
County Totals Jump During First Quarter of FY11
Henrico County's sales tax revenue grew by 5.1 percent during the first quarter of its 2011 fiscal year, compared to the same quarter during the 2010 fiscal year – an encouraging sign for county officials.
During the same quarter, the sales tax revenue in Richmond fell by 23.7 percent, while Chesterfield witnessed a 0.6 percent decline and Hanover saw a 1.9 per increase.
Some of the increased revenue to Henrico likely is the result of the implementation of a "Henrico" mailing address in 2008, which continues to help the county capture revenue that was previously sent to Richmond in error, Henrico Finance Director John Vithoulkas said. Henrico's diverse retail base also factors into the rise in sales in the county, he said.
The figures were compiled from the Virginia Department of Taxation.
"I don't think there's any trend we can draw out of it," Vithoulkas said, "but it's a good result leading into the holiday retail season. I think the local resident is tired of hearing all of the negative economic mumbo-jumbo on the nightly news and they're getting back to living the rest of their lives."
Henrico received $13.86 million in sales tax revenue between July 1 and Sept. 30 of this year, compared with $13.19 million during the same time period in 2009. During the same quarter, Richmond's revenue dropped from $8.31 million last year to $6.34 million this year, while Chesterfield's fell from $9.4 million last year to $9.35 million this year.
Hanover County also experienced slight growth, from $4 million during the same time period last year to $4.08 million this year.
The figures reflect sales in June, July and August, which were paid in July, August and September and distributed to jurisdictions in August, September and October.
The most significant jump in sales came in June, when Henrico's sales were up by 7.3 percent over the same month in 2009, while Richmond's receipts fell 42 percent from last June. (Richmond's steep decline was due in part to an adjustment of funds that it shouldn't have received initially.)
Several Henrico business owners who spoke with the Citizen last week painted pictures that reflected the upward trend, while others said they've experienced ups and downs.
One – Neil Chiappa, owner of N&W Salvage in Sandston – said that his business has been steady through the summer and fall, with a small spike upward at times as shoppers look to save money. His store offers a variety of discounted goods and food items that become more attractive in a down economy, he said.
“We saw a customer increase when the economy got worse, and saw people we hadn’t seen before," Chiappa said. The company does little advertising and primarily benefits from word-of-mouth promotion.
Other Henrico businesses rely in part on the goodwill they've built through their involvement in the community. Saxon Shoes President Gary Weiner noted that his company helps between 300 and 500 children each years with its "Shoes for the Needy" project and routinely works with Bright Beginnings and United Way to give away 450 new pairs of shoes to underprivileged children.
“We try and do as much as we can, as often as we can, with the resources that we have,” Weiner said. “If everybody gave a little, nobody would have to give a lot.”
Saxon's strong reputation in the region helps too, and Weiner said that business is up from the same time last year at the Short Pump Town Center location. Now isn't the time for businesses that are succeeding to become complacent, Weiner insinuated.
"People are particular about how and where they spend their money,” he said.
Midas of Richmond's four area locations (including two in Henrico) saw a 7.5 percent increase in revenue during the summer months and an 11 percent increase from last year, according to owner Mark Smith.
“We’ve seen a significant increase in traffic," he said, attributing his success to steady advertising plans and charitable efforts for Virginia Blood Services, Meals on Wheels and the Central Virginia Foodbank, which Smith is often heard promoting in his advertisements.
“What we’re doing seems to be working," he said, "so we just try and stick with what works."
At the eight local Mexico Restaurant locations (including three in Henrico), sales were slower in recent months, according to co-owner Maria Garcia, but the restaurant has tried different strategies to boost business.
“We’re trying to get more customers in to have a good business," Garcia said. "Profits aren’t the same as they used to be a few years ago, but we’re doing all we can and hopefully customers come back after they see the things that we have to offer.”
"Overall we’re hanging in there."
– Amy David contributed to this article.
To help celebrate twenty years of service to advocating for abused and neglected children in Henrico County, Henrico Court Appointed Special Advocates, Inc. (CASA) will host an evening with bestselling author K.L. Randis on Tuesday, Aug. 26, from 5:30 p.m. to 7:30 p.m. at Belmont Recreation Center in Lakeside.
Randis is best known for her bestselling novel, Spilled Milk, which tells her painful – but ultimately triumphant – personal story of abuse and of child abuse prevention. The book is her first novel.
The Ambassador of the Philippines to the United States Jose L. Cuisia, Jr. attended the Ninth Annual Filipino Festival at Our Lady of Lourdes Church earlier this month. Cuisia (pictured above with festival performers) was welcomed by County Manager John Vithoulkas and Brookland District Supervisor Dick Glover (below) at the church, which is located in Lakeside.
While enjoying some of the cultural performances at the festival, the ambassador and his wife had a private lunch with Vithoulkas, Glover, Eldon Burton (an outreach representative from U.S. Senator Mark R. Warner’s Office) and Father James Begley, the pastor of OLL. > Read more.
Hundreds of spectators filled the banks of the James River to watch two dozen teams of competitors in the Walgreen’s Richmond International Dragon Boat Festival at Rocketts Landing Aug. 2. The event included a number of races, as well as several cultural performances. The sport is billed as the fastest growing water sport in the world.(Photo by Roger Walk for the Henrico Citizen) > Read more.
‘Fire and Rescue’ proves too predictable, boring
Planes: Fire and Rescue opens with a dedication to the hero firefighters of the world. It’s an admirable notion, and it makes sense, given that this is a film about planes that fight fires.
But here it might be a little out of place, as Planes: Fire and Rescue has a few things on its mind besides supporting the men and women who routinely throw themselves into burning buildings.
Like money. Lots and lots of money – into the 11-figures-and-counting range. In case you weren’t aware, 2006’s Cars was the biggest moneymaker Disney had in decades – not because of how much green the film printed at the box office, but because a combination of toys, games and snack foods stamped with the Cars seal of approval routinely pulls in tens of billions of dollars per year. > Read more.
This weekend in Henrico, you can learn about fall herbs or mad science. Enjoy some laughs from West End Comedy or Three-Penny Theatre’s production of “The Rivah Home Companion.” For music lovers, Jennifer Nettles is in concert tonight and the fifth annual GWAR-B-Q takes place tomorrow at Hadad’s Lake. For all our top picks this weekend, click here! > Read more.
Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.
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CalendarHear from “Sciencetellers” at 3:30 p.m. at Varina Library and at 7 p.m. at Twin Hickory Library. Sciencetellers combine storytelling, comedy and exciting science experiments into a dynamic and highly… Full text