Sales tax revenue was up this month in three of the four largest cities in Northwest Arkansas. Only Bentonville reported a drop in collections compared to the same month last year.
Each city collects a 2 percent sales tax. One percent goes into a general fund. The other 1 percent goes toward repayment of bonds. The numbers reported here represent the 1 percent going into general funds.
Sales tax revenue delivered in February reflects December sales tax received in January.
December sales tax collections
City | December 2011 | December 2012 | Change |
---|---|---|---|
Fayetteville | $1,661,249 | $1,757,007 | +5.76% |
Springdale | $907,684 | $916,049 | +0.92% |
Rogers | $1,305,100 | $1,466,092 | +12.34% |
Bentonville | $1,009,904 | $936,369 | -7.28% |
Source: Staff report