Rogers sales tax continues to break records climbing 12.4 percent over March 2012 collections, with Fayetteville and Springdale up less than 1 percent and Bentonville sliding 3.2 percent.
Sales tax revenue delivered in April reflects February sales tax collected in March.
Comparisons are based on collections from the same month in the previous year. Each city, with the exception of Bella Vista, collects a 2 percent sales tax. One percent of the tax is devoted to repaying bonds; the other 1 percent goes into each city’s general fund and is available for operations. For the purpose of this report, NWA Media tracks the 1 percent going into general funds.
Rogers sales tax rose to $1,089,713 this month compared to $969,896 for the same period last year an increase of $119,816. April 2012 was the last month the city didn’t cross the $1 million threshold in sales tax revenue.
Fayetteville was up $1,226 over last year receiving $1,371,825 this month compared to $1,370,602 for the same period last year, an increase of 0.9 percent.
Springdale eeked out a 0.7 percent increase this month, bringing in $834,571 compared to $828,763 last April, a difference of $5,808.
Last month Bentonville received more than $1 million in sales tax revenue, dropping this month to $681,902. In April 2012 the city received $694,381, losing $22,479 for the same period this year, a decrease of 3.2 percent.