Restaurant Taxable Sales Rebound from 40% Drop Due to COVID, Still Lagging

Restaurant Taxable Sales Rebound from 40% Drop Due to COVID, Still Lagging

Reports from the Florida Department of Revenue (FDOR) show the impact of the COVID-19 mitigation efforts on restaurant sales across Florida. The statewide impacts were comparable to the revenue losses experienced by restaurant establishments in Leon County.

Florida restaurant taxable sales fell 37% in April and 53% in May when compared to same months in 2019. This translates to a loss of approximately $3.8 billion in sales during these two months.

In Leon County, reports indicate that restaurants taxable sales fell 35% in April and 44% in May when compared to 2019. This translates to a loss of approximately $45 million in sales during these two months.

The most recent report from the FDOR show that taxable sales are beginning to rebound. As shown below, restaurant taxable sales in Leon County fell 40%, from $51 million in March to $31 million in May.

However, in the June report, sales increased to approximately $38 million. This increased number is still 25% less than sales reported in June 2019.

One Response to "Restaurant Taxable Sales Rebound from 40% Drop Due to COVID, Still Lagging"

  1. Avatar
    POC   October 19, 2020 at 8:07 am

    Yet again, for the invincibly ignorant mask nazis out there, Masks. Do. Not. Work. If anything they trap viral loads causing the wearer to transport the any viral load everywhere they go thus spreading the virus further. The main transmission of this virus is fecal/oral as proven by a recent Oxford study on a Covid isolation ward where they found it concentrated only in the bathroom. Once the Capital District Kommissars stop the stupidity of trying to micro manage our lives with mask mandate nonsense and forcing restaurants to go through the Klown show of taking on and off your face diaper, I might consider returning to eating and shopping in the Capital District. Until then and until the invincibly ignorant stop the nonsense, local option tax receipts will continue to stagnate and/or decline. Well done Kommissars with your panic porn!

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