Sales tax revenue was up this month in three of the four largest cities in Northwest Arkansas. Only Springdale 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 March reflects January sales tax received in February.
January sales tax collections
City | January 2012 | January 2013 | Change |
---|---|---|---|
Fayetteville | $1,304,815 | $1,424,472 | +9.17% |
Springdale | $812,080 | $784,254 | -3.43% |
Rogers | $926,597 | $1,070,159 | +15.49% |
Bentonville | $893,281 | $1,078,177 | +20.70% |
Source: Staff report