Sales tax revenue was up again this month in the four major northwest Arkansas cities compared to the same period last year.
Bentonville continued its comeback with a second monthly increase in a row after reporting back-to-back down months for February and March sales.
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 July reflects May sales tax received in June.
May sales tax revenue
City | May 2012 | May 2013 | Change |
---|---|---|---|
Fayetteville | $1,442,433 | $1,505,136 | +4.35% |
Springdale | $866,858 | $907,097 | +4.64% |
Rogers | $1,099,085 | $1,177,851 | +7.17% |
Bentonville | $751,886 | $816,977 | +8.66% |
Source: Staff report