Sale tax revenue was in the black for Northwest Arkansas cities this month, with Bentonville leading the way with a 28 percent increase over last year.
Sales tax revenue delivered in January reflects November sales tax collected in December.
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 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.
Bentonville received $776,256 this month compared to $606,201 for the same period last year, an increase of $170,055 or 28 percent.
Fayetteville sales tax increased by 6.2 percent, $84,435 higher the same period last year. The city received $1,451,566 this month compared to $1,367,131 last January.
Springdale’s sales tax revenue increase by $47,352 this month compared to the same period last year an increase of 6 percent. The city received $840,460 this month compared to $793,108 last year.
Rogers, for the ninth consecutive month, collected more than $1 million in sales tax revenue. Rogers peaked at $1,093,137 compared to $1,039,980 last January, an increase of $53,157 or 5.1 percent.