Sales tax data released by the city of Prairie Village paints a mixed picture of what, if any, impact the 1 percent Community Improvement District taxes have had on the Village Shops and Corinth Square since they went into effect Jan. 1.
Excluding the actual CID tax, the numbers show that sales through this August were up 10.6 percent over the same period in 2010 at the Village Shops. At Corinth, however, sales were down 5.86 percent. Still, Corinth has collected more sales tax than the Village Shops, with $1,694,661 and $1,608,245 collected through August, respectively.
But Prairie Village finance director Lisa Santa Maria cautioned not to read too much into the numbers yet. Frequently, she said, individual stores will be tardy in filing their monthly sales tax reports, or they’ll file them so close to the deadline that they end up with the next month’s figures. For an accurate picture, it’s best to wait until year-end totals are calculated, and that likely won’t be until February or March of 2012.
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