It’s doubtful that many people stop to think about where they are spending their money; but they should.
Whether it’s going out to eat on a Friday night, grocery shopping on the weekend or buying gas during the week, residents should consider the fact that spending locally helps to financially support the town in which they live.
A portion of the sales tax from items sold goes to local municipalities. In other words, when buying locally, residents are investing back into their community.
This extends beyond gas stations and box stores. It includes all businesses in Washington, including those locally owned and operated, such as coffee shops, car repair shops, chiropractors and many more.
Washington became a home-rule community based on sales tax in 1997. Because of this, retail tax is a large part of the city’s finances.
The current budget allotted for sales tax this year is about $4.45 million, or 20 percent of the city’s total current revenue budget.
The Washington Chamber of Commerce implemented the “Shop Washington First” campaign about 10 years ago in order to keep tax dollars in Washington. It introduced gift certificates that could be purchased at the chamber and redeemed at participating chamber members’ stores.
Retail tax also provides the funds for services, such as road up-keep, the fire and police department and general administrative expenses, in order to enable a well-run city. This in turn provides a better place to live.
So, the next time you get in the car and plan to go outside of town for entertainment or shopping, ask yourself if you can find what you are looking for locally.
It benefits many, including yourself.
