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Iowa Department of Revenue: Estimated firework sales lower than expected

According to the Iowa Department of Revenue, firework sales for fiscal year 2017 were estimated to reach nearly $18 million bringing $1.1 million in sales tax to the state’s general fund.

Posted: Dec 4, 2017 2:37 PM
Updated: Dec 4, 2017 6:55 PM

KIMT News 3- According to the Iowa Department of Revenue, firework sales for fiscal year 2017 were estimated to reach nearly $18 million bringing $1.1 million in sales tax to the state’s general fund. A new report from the department shows sales only reached about half of the estimated amount brining in only $600,000 for the state.

Those we spoke with say they are glad to see the state getting some money from the sales but doesn’t feel that amount of money raised is worth the risk or loss of sleep.

“They're something that you should be trained on how to work properly so there's not accidents,” says Nicky Zimmerly of Mason City. “We don’t want people getting bottle rockets in the attic and burning their house down or, or blowing off fingers.”

The department does estimate around $24 million in sales for fiscal year 18. Around $16 million has already been sold bringing in around a million.

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