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Friday, Sep. 19, 2014

Bi-county sales tax totals down in June

Friday, July 3, 2009

(Photo)
Despite an economic picture that's less rosy than a year ago, the staff at UMB Bank in downtown broke out the festive patriotic decorations today to celebrate the Fourth of July this weekend. [Times Photo by Murray Bishoff]
With the end of the first half of 2009, the current economic slump can be seen in sales tax receipts to bi-county cities and county governments. Four of the 11 towns getting sales tax revenues have seen an income drop of 9 percent or more, including Monett. Five cities have held even or seen gains over last year, including the major cities of Cassville and Aurora.

Monett continued to see the same kinds of declines in sales tax revenue experienced all year. The city's two sales taxes for the general fund generated $170,939.91 in June, a drop of $21,244.65 or 11 percent from a year ago and the lowest June disbursement from the Missouri Department of Revenue since 1999.

The three-month fiscal year total for Monett's general fund tax is $422,417.86, down almost $70,000 from the pre-slump months of 2008. The total is almost equal to the beginning of the 2005 fiscal year. The general fund total so far this year is at $857,314.81, down 10 percent from the first half of 2008.

Monett's half-cent tax for capital improvements yielded $85,469.99, down by $10,611.21 or 8 percent for the year. Revenues paying for the Justice Center are down 20 percent from the first half of last year.

The two sales taxes Purdy collects for its general fund showed a similar track record to Monett's. Purdy's two taxes produced $7,802.03 in June, a drop of $2,977.69 or 28 percent from a year ago.

Purdy's receipts for the first half of 2009 totaled $51,448.57, a drop of 9 percent over the beginning of 2008. June closed Purdy's fiscal year, and the total for the year of $110,465.63 was a record, a 7 percent gain over the previous year, thanks to a strong close to 2008.

Like Monett, Pierce City had the smallest June disbursement since 1999. The city's seven-eighths of a cent sales tax added $5,435.50 to the general fund, a drop of 44 percent from last June. Pierce City's general fund total for 2009 thus far is $34,261.85, down 4 percent from the first half of 2008.

Pierce City's taxes for street maintenance and capital improvements showed similar declines for the month and so far in 2009.

Verona bucked the downward trend, marking a gain in June. The city's one-cent sales tax for general expenses yielded $2,942.18, a gain of $702.09. While the disbursement was the lowest for June since 2005, Verona's receipts have been up by 6 percent over the last three months, starting the city's new fiscal year.

Verona's general fund total for the first half of 2009 is at $17,040.39, a gain of 3 percent over the same period a year ago.

Total sales tax coming into the bi-county area in June, not counting Barry County's tax for "911" service, added up to $1,569,854.71, a drop of 10 percent from a year ago and the lowest June total since 2003.

Municipal totals

Total sales tax income for the seven Barry County cities collecting sales tax in June came to $477,973.85, a drop of 8 percent from a year ago. Every city had a lower disbursement than a year ago, though Monett and Purdy had the largest declines.

Cassville has practically held even with last year's sums. Cassville's general fund total is down only about $150 for the first half of 2009. Year-to-date totals for Wheaton and Washburn are both down by 11 percent. Exeter's total is down by 22 percent.

The exception to the trend is Seligman. The June tally was down by $203.16 for Seligman's general fund but for 2009 the total is up by 60 percent.

The six cities in Lawrence County collecting sales tax took in $369,980.65 in June, a drop of 10 percent from last June. Only Verona topped receipts from last June, while two of Miller's three taxes broke last June's mark by a few dollars.

For the first half of 2009, Aurora's general fund surpassed the mark from 2008 by $1,930.56, a gain of less than 1 percent. Miller recorded a 10 percent gain. Marionville was down by 3 percent, and Mt. Vernon down by 6 percent.

County totals

Compounding the lower municipal results, both Lawrence and Barry counties recorded significant declines for the first half of 2009.

Lawrence County's half-cent tax for general expenses took in $129,563.99 in June, a drop of $12,854.57 or 9 percent from a year ago. The taxes Lawrence County collects for its general fund, road maintenance and paying off the Judicial Center marked dips of 7 percent from the beginning of 2008.

Barry County's half-cent tax for the general fund received $166,776.79, down $24,638.53 or 13 percent from a year ago. For the first half of 2009, both Barry County's general fund and road maintenance taxes recorded a drop of 9 percent.

The quarter-cent tax collected by Barry County's Emergency Services Board to pay for the "911" operation generated $83,372.08 in June, a drop of 13 percent from the first half of 2008. Collections for "911" in 2009 have been down 4 percent from a year ago.



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