Sales tax deliveries were back up this month in all four of the major cities across northwest Arkansas.
Revenues were up a few points in Fayetteville, Rogers and Springdale, while Bentonville saw a major jump back after a 29 percent decrease last month.
Fayetteville received $1,456,641 for a 6.2 percent increase over last year, a difference of $84,812.
Rogers collected $1,147,799, a $58,085 increase over last year when the city received $1,089,713.
Springdale received $896,105 for a 7.4 percent increase over last year, a difference of $61,534.
Bentonville collected $809,610, a $137,708 increase over last year when the city received $671,902.
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 April reflects February sales tax collected in March.
February 2014 Sales Tax Revenue (delivered in April)
City | February 2013 | February 2014 | Change |
---|---|---|---|
Fayetteville | $1,371,829 | $1,456,641 | +6.2% |
Rogers | $1,089,713 | $1,147,799 | +5.3% |
Springdale | $834,571 | $896,105 | +7.4% |
Bentonville | $671,902 | $809,610 | +20.5% |
Source: Staff report