New Rockford Transcript - Official Newspaper of Eddy County since 1883

City sales tax increase effective today

 

July 1, 2019



Effective July 1, the City of New Rockford has adopted an ordinance to increase its city sales, use and gross receipts tax by 0.5%. The tax rate for New Rockford starting today will be 2.5%. No other changes were made to the ordinance.

The Office of State Tax Commissioner has contracted with the City of New Rockford to administer the city sales, use and gross receipts tax. Tax is computed by multiplying the taxable purchase by the tax rate and carrying the product to the third decimal place. If the third decimal place is 5 or greater, round up; if it is 4 or less, round down.  

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