Upward trend continues for Cottonwood economy


By Yvonne Gonzalez Verde Independent

Graphic from Verde Valley Independent

VERDE VALLEY – March sales tax collections show Cottonwood is maintaining its positive growth for 2014, up about 9.4 percent compared to the same month last year.

The city also saw increases in both January and February, each between 4 and 4.5 percent.

Construction more than doubled its sales tax collections in March compared to the same month last year, reaching $78,499.

Cottonwood Administrative Services General Manager Rudy Rodriguez said the construction on the Verde Valley Medical Center hospice facility, the Tractor Supply Store’s completion and grand opening, and construction on the Sears store have contributed to the boost in construction revenue.

Restaurants and bars brought in nearly $13,000 more than in March 2013, with upticks in accommodation, real estate, rental and leasing, and retail trade.


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