Sales tax revenues were up in three of the four major cities across Northwest Arkansas, including Bentonville, which saw back-to-back positive months for the first time this year.
Fayetteville received $1,564,289 for a 1.82 percent decrease over last year, a difference of $28,982. It’s the first decline of the year for Fayetteville since being down in January.
Rogers collected $1,255,385, a $58,956 increase over last year when the city received $1,196,429. Rogers now has an eight-month streak of positive receipts since January compared to the same months last year.
Springdale received $984,929 for a 9.33 percent increase over last year, a difference of $84,015. Springdale is the only major city in Northwest Arkansas with positive figures all year compared to the same months in 2013.
Bentonville collected $807,035, a $207,199 increase over last year when the city received $599,836. It’s been a volatile year for Bentonville, which has seen only four months of positive figures compared to the same months last year.
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 November reflects September sales tax collected in October.
Source: Staff report