Sales tax revenue continues to rise across region

Sales tax revenue was up again this month in the four major Northwest Arkansas cities compared to the same period last year.

Fayetteville received $1,502,270 in August for June sales for a 3.96 percent increase over last August, a difference of $57,283.

Springdale received $904,653 in sales tax for June sales, a $23,107 increase over last August when the city received $881,546.

Rogers received $1,223,892 in August for June sales for an 8.33 percent increase over last August, a difference of $94,137.

Bentonville received $968,097 in sales tax for June sales, a $311,478 increase over last August when the city received $656,619 in sales tax.

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 August reflects June sales tax received in July.

June sales tax revenue

CityJune 2012June 2013Change
Fayetteville$1,444,987$1,502,270+3.96%
Springdale$881,546$904,653+2.62%
Rogers$1,129,755$1,223,892+8.33%
Bentonville$656,619$968,097+47.44%

Source: Staff report