Northwest Arkansas sales tax revenue reflects national, global economy

Posted: December 10, 2017 at 1 a.m.

FAYETTEVILLE -- Increasing sales tax revenue is a reflection of Northwest Arkansas' strong economy and is likely to continue for the foreseeable future, according to a University of Arkansas economist.

Sales tax

Sales taxes are collected at the local level and the money sent to the state Department of Finance and Administration, which then allocates the money to the taxing entities. The process takes about two months so local governments receive revenue in November for sales taxes collected in September.

Source: Staff report

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