Local cities have mixed results in sales tax revenue

Rogers sales tax revenue climbed to a double digit increase, Fayetteville’s revenue is up less than 1 percent, while Bentonville and Springdale posted negative numbers compared to last year.

Sales tax revenue received 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.

Rogers received $1,245,277 this month compared to $1,093,137 last year, an increase of 13.9 percent, or $152,140.

Fayetteville is up 0.8 percent this month compared to last year. The city received $1,463,225 this month and $1,451,566 in January 2013, an increase of $11,659.

Bentonville’s sales tax revenue dropped. Sales tax revenue is $680,070 this month compared to $776,256 for the same period last year, a decrease of $96,186 or 12.4 percent.

Springdale’s revenue dropped by 3.8 percent compared to last year. The revenue for this month is $808,255 and $840,460 last year a difference of $32,208.

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