Arkansas – Northwest Sales Tax Revenue Flat In April Report

After solid gains of 5.3% in March, April sales tax revenue totaled $5.222 million, up just 0.43% from a year ago, according to reports from Bentonville, Fayetteville, Rogers and Springdale. Each city collects a local tax on goods and services. The tax includes 1% that goes toward the city’s budget which is reflected in the report. April sales tax revenue reflects goods and services sold and rendered in February. Results among the cities were mixed in April as Rogers reported revenue gains of 2.85% from a year ago with proceeds totaling $1.423 million. Springdale reported a 2.33% gain in sales tax revenue this month with collections at $1.144 million. Bentonville and Fayetteville lost ground with revenue coming in below the year-ago numbers. Bentonville’s sales tax revenue fell 0.56% at $1.048 million, while Fayetteville saw a 2.28% drop in its sales tax revenue from a year ago. Fayetteville reported $1.607 million in sales tax revenue for April, the lowest revenue for the month since 2015.

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by kim souza
april 25, 2019