Sales tax revenue up in area cities

Sales tax revenue for July was a chart topper for the four major cities in Washington and Benton counties with revenue in each city topping more than $1 million.

Bentonville was the leader with a 23.9 percent increase in sales tax this month compared to the same period last year. The city received $1,010,915 this month compared to $816,090 for July 2013, an increase of $194,825.

Springdale’s sales tax revenue for the month is $1,024,501, compared to $907,096 for the same period last year, and increase of $117,405 or 12.9 percent.

Rogers trailed Springdale by a tenth of a percentage point with an increase of 12.8 percent over sales tax revenue last year. The city received $1,328,447 this month compared to $1,177,850, an increase of $150,597 over July 2013.

Fayetteville collected $1,572,558 in sales tax revenue this month compared to $1,505,136 for the same period last year, an increase of $67,422, or 4.5 percent.

Bella Vista and Siloam Springs sales tax revenue were both up for the month, but Lowell dropped a few percentage points compared to July 2013.

July sales tax revenue is based on May sales collected in June. Comparisons are based on 1 percent sale tax, although all the cities, with the exception of Bentonville collect a 2 percent sales tax. One percent goes to payoff bonds and 1 percent goes in the general fund.

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