Sales tax deliveries were up in three of the four major cities across the region.
Revenues were up slightly in Fayetteville and Rogers, while Springdale reported a big leap this month. Collections were down again in Bentonville, with officials reporting a 26 percent decrease over the same month last year.
Fayetteville received $1,475,961 for a 1.8 percent increase over last year, a difference of $26,442.
Rogers collected $1,184,283, a $1,812 increase over last year when the city received $1,182,472.
Springdale received $950,962 for an 11.6 percent increase over last year, a difference of $98,658.
Bentonville collected $714,355, a $256,287 decrease over last year when the city received $970,642.
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 June reflects April sales tax collected in May.
April 2014 Sales Tax Revenue (delivered in June)
City | April 2013 | April 2014 | Change |
---|---|---|---|
Fayetteville | $1,449,519 | $1,475,961 | +1.8% |
Rogers | $1,182,472 | $1,184,283 | +0.2% |
Springdale | $852,304 | $950,962 | +11.6% |
Bentonville | $970,642 | $714,355 | -26.4% |
Source: Staff report