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Higher-end liquor sales push state income up
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| Contributor | CBlock941 |
| Last Edited | CBlock941 Sep 05, 2006 11:27am |
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| Category | News |
| News Date | Tuesday, September 5, 2006 05:00:00 PM UTC0:0 |
| Description | Iowans are drinking more liquor, sipping more wine and quaffing a little more beer.
A report from the Iowa Alcoholic Beverages Division shows that 3.7 million gallons of liquor were sold in Iowa during the 12 months ending June 30, up almost 7 percent from the same period a year earlier. Wine sales totaled 3.2 million gallons, also up nearly 7 percent, while beer sales hit 75 million gallons, an increase of about 1 percent.
The state agency, which has a monopoly on the wholesale distribution of liquor in Iowa, generated $83 million for the state and local government programs in the recently concluded budget year. The proceeds, which were up 6.4 percent, included $53.2 million in net profit from the sale of alcohol, plus money from license fees, beer and wine taxes, and civil penalties. |
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