We've talked about sales tax receipts in the past and the importance of that as a revenue source for the city. The nice thing about it is it comes from all over - residents and non-residents alike - who choose to trade in Bristol.
We watch these receipts closely and with clock-work accuracy receive a monthly activity report from the state that collects it for municipalities.
The trend this month was the same as the past five months - an increase over the same period last year. That is good news and hopefully portends of better things to come.
For purchases made in the month of August, our receipts were up 6.8 percent from August 2010. For the first two months of this fiscal year receipts are up 9.5 percent from 2010 levels.
A ray of sunshine of good news on this rainy October day in Bristol
