Sales tax revenue up in Fayetteville and the region

Sales tax revenue deliveries were up last month in Fayetteville and the three other major cities across region, compared to the same period last year.

Springdale saw the lowest increase, while Bentonville bounced back from a major decrease last month.

Fayetteville received $1,457,601 for a 3.6 percent increase over last year, a difference of $50,412.

Rogers collected $1,147,392, an $57,466 increase over last year when the city received $1,089,926.

Springdale received $852,789 for a .05 percent increase over last year, a difference of $4,615.

Bentonville collected $819,262, a $45,250 increase over last year when the city received $774,012.

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 by the Fayetteville Flyer represent the 1 percent going into general funds.

Sales tax revenue delivered in December reflects October sales tax collected in November.

October 2013 Sales Tax Revenue (delivered in December)

CityOctober 2012October 2013Change
Fayetteville$1,407,189$1,457,601+3.58%
Rogers$1,089,926$1,147,392+5.27%
Springdale$848,175$852,789+0.54%
Bentonville$774,012$819,262+5.85%

Source: Staff report