Sales tax revenue up in the four largest cities in Northwest Arkansas

Sales tax revenue is up in the four largest cities in Washington and Benton counties, with Springdale topping the list.

Springdale sales tax revenue was $998,562, up 17 percent compared to Dec. 2013. Last year the city took in $852,789 in December, a difference of $147,773. For the calendar year the city received $11,501,271 in sales tax revenue, up $852,582 from the $10,501,271 the city received in 2013.

Rogers sales tax revenue for the month was $1,225,950, up $78,559 compared to the same period last year when the city received $1,147,392. a difference of 6.8 percent. For the calendar year, the city received $14,907,581 compared to $14,134,423 last year.

Fayetteville sales tax revenue was up 6.8 percent this month at $1,557,435 compared to $1,457,601 last year a difference of $99,834. For the calendar year Fayetteville received $18,307,726, up $276,289 compared to last year at $18,031,437.

Bentonville received $881,492 this month compared to $819,262 for December last year, an increase of $62,230, or 7.6 percent. The city also topped last year's 12 month total of $9,354,166 to $9,907,841 this year, an increase of $553,675.

December sales tax revenue represents October sales collected in November.

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. For the purpose of this report, NWA Media tracks the 1 percent going into general funds.

NW News on 12/23/2014

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