Sales tax receipts up for January

Siloam Springs sales tax receipts were up $66,417 in January compared to the same month last year.

Sales tax receipts were $619,626 in January 2017, compared to $553,209 in January 2016, according to the February issue of City & Town Magazine.

County sales tax receipts were up $34,123, from $217,609 in January 2016 to $251,732 in January 2017.

The city’s sales tax receipts come from its 2 percent sales tax. The total sales tax rate in Siloam Springs is 9.5 percent.

City sales tax receipts are used for utility infrastructure, repayment of wastewater treatment plant bonds, the city’s general fund, public safety and the street department.

A share of county sales tax receipts pays on two water utility infrastructure bonds.

Other cities that saw an increase in city sales tax receipts were:

• Bentonville, up $328,377 to $1.77 million

• Eureka Springs, up $13,494 to $196,125

• Fayetteville, up $112,926 to $3.46 million

• Gentry, up $6,294 to $57,900

• Rogers, up $320,204 to $3.02 million

• Springdale, up $255,749 to $2.35 million.

Cities that saw a decrease in city sales tax receipts were:

• Lincoln, down $323 to $39,673.