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Sales tax up in Northwest Arkansas cities

  • By Todd Gill · Wednesday, Jul 30, 2014 

Sales tax deliveries were up in all of the four major cities across the region.

Revenues were up the highest in Bentonville, after a huge downturn last month. Springdale and Rogers reported healthy increases while Fayetteville showed the lowest increase of the four major cities.

Fayetteville received $1,572,558 for a 4.48 percent increase over last year, a difference of $67,422.

Rogers collected $1,328,447, a $150,596 increase over last year when the city received $1,177,851.

Springdale received $1,024,501 for an 12.94 percent increase over last year, a difference of $117,405.

Bentonville collected $1,010,915, a $193,938 increase over last year when the city received $816,977.

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 July reflects May sales tax collected in June.

May 2014 Sales Tax Revenue (delivered in July)

City May 2013 May 2014 Change
Fayetteville $1,505,136 $1,572,558 +4.4%
Rogers $1,177,851 $1,328,447 +12.7%
Springdale $907,097 $1,024,501 +12.9%
Bentonville $816,977 $1,010,915 +23.7%

Source: Staff report

TOPICS: Regional sales tax

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  • Sales tax revenues up in Fayetteville, Springdale, Rogers
  • Sales tax revenues up in Fayetteville, Springdale, Rogers

 

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