Sales tax deliveries were up in three of the four major cities across northwest Arkansas.
Revenues were up a few points in Fayetteville, Rogers and Springdale, while Bentonville continued its volatile year with a 6.5 percent decline after leaping 20 percent last month.
Fayetteville received $1,516,534 for a 2.9 percent increase over last year, a difference of $43,211.
Rogers collected $1,246,771, a $43,549 increase over last year when the city received $1,203,222.
Springdale received $941,066 for a 4.6 percent increase over last year, a difference of $41,329.
Bentonville collected $813,591, a $56,261 decrease over last year when the city received $869,852.
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 May reflects March sales tax collected in April.
March 2014 Sales Tax Revenue (delivered in May)
City | March 2013 | March 2014 | Change |
---|---|---|---|
Fayetteville | $1,473,322 | $1,516,534 | +2.9% |
Rogers | $1,203,222 | $1,246,771 | +3.6% |
Springdale | $899,737 | $941,066 | +4.6% |
Bentonville | $869,852 | $813,591 | -6.5% |
Source: Staff report