Sales tax revenues rebound in northwest Arkansas

Sales tax deliveries were back up this month in all four of the major cities across northwest Arkansas.

Revenues were up a few points in Fayetteville, Rogers and Springdale, while Bentonville saw a major jump back after a 29 percent decrease last month.

Fayetteville received $1,456,641 for a 6.2 percent increase over last year, a difference of $84,812.

Rogers collected $1,147,799, a $58,085 increase over last year when the city received $1,089,713.

Springdale received $896,105 for a 7.4 percent increase over last year, a difference of $61,534.

Bentonville collected $809,610, a $137,708 increase over last year when the city received $671,902.

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 April reflects February sales tax collected in March.

February 2014 Sales Tax Revenue (delivered in April)

City February 2013 February 2014 Change
Fayetteville $1,371,829 $1,456,641 +6.2%
Rogers $1,089,713 $1,147,799 +5.3%
Springdale $834,571 $896,105 +7.4%
Bentonville $671,902 $809,610 +20.5%

Source: Staff report