Sales tax revenue was up this month in Fayetteville, Springdale and Rogers, while Bentonville reported another decline 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 May reflects March sales tax received in April.
March sales tax revenue
City | March 2012 | March 2013 | Change |
---|---|---|---|
Fayetteville | $1,435,817 | $1,473,322 | +2.61% |
Springdale | $821,041 | $899,737 | +9.59% |
Rogers | $1,145,749 | $1,203,222 | +5.02% |
Bentonville | $870,095 | $869,852 | -0.03% |
Source: Staff report