Lea County sets new gross receipts tax record

Published October 14, 2014 9:02am ET



HOBBS, N.M. (AP) — It’s only few months into the fiscal year and a booming southeastern New Mexico county is already seeing record-breaking gross receipts tax numbers.

The Hobbs News-Sun reports (http://goo.gl/5Lrk58) that Lea County officials report September saw gross receipts tax revenue of $1.6 million. That tops last year’s September numbers by more than $500,000. Officials say July and August also saw gross receipts tax revenue higher than last year’s numbers.

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