City, county sales tax receipts up in February

Siloam Springs sales tax receipts were up $54,719 in February compared to the same month last year.

Sales tax receipts were $744,280 in February 2018, compared to $689,561 in February, according to the March issue of City & Town magazine.

County sales tax receipts were also up $50,637 from $293,750 in February 2017 to $344,387 in February 2018 after slumping for several months.

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 local cities that saw an increase in city sales tax receipts last month were:

• Bentonville, up $1.99 million to $3.39 million

• Eureka Springs, up $15,648 to $184,077

• Fayetteville, up $216,650 to $4.3 million

•Gentry, up $7,836 to $57,902

• Springdale, up $253,291 to $2.6 million

Cities that saw a decrease in sales tax receipts last month were:

• Rogers, down $29,733 to $3.8 million.