Siloam Springs Herald Leader

December sales tax receipts up

- By Janelle Jessen Staff Writer jjessen@nwadg.com

Siloam Springs sales tax receipts were up $19,087 in December compared to the same month last year.

Sales tax receipts were $603,671 in December 2016, compared to $584,584 in December 2015, according to the January issue of City & Town Magazine.

County sales tax receipts were up $3,314, from $260,375 in December 2015 to $263,689 in December 2016.

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:

• Fayettevil­le, up $8,916 to $3.36 million

• Rogers, up $110,149 to $2.91 million.

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

• Bentonvill­e, down $536,981 to $1.87 million

• Eureka Springs, down $11,589 to $287,987

• Gentry, down $1,078 to $55,011

• Lincoln, down $4,973 to $38,179

• Springdale, down $27,430 to $2.27 million.

Newspapers in English

Newspapers from United States