Town Of Prescott Valley Saw A Rise In Sales Tax Revenue During The Pandemic

The Town of Prescott Valley saw a rise in sales tax revenue through the COVID-19 pandemic. Town officials say Prescott Valley saw a rise of around 23-percent for retail, restaurant and hotel sales tax revenue from fiscal year 2019-2020 and 2020-2021. In July of this year, the town’s tax revenue was the highest it has ever been. The town’s Economic Development Department is focusing on attracting new businesses and helping with retention and expansion efforts of existing ones. Three new businesses have recently opened, with four more opening soon.