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Thursday, Apr. 17, 2014

October sales tax receipts show trend toward recovery

Thursday, October 22, 2009

Sales tax income to cities and counties in Barry and Lawrence counties remained significantly below last year's figures for October. A slight improvement could be seen from the severity of the decline in recent months.

Total sales tax coming into the bi-county area, not counting the Barry County 911 service, came to $1,261,747.50 in October, a drop of 6 percent from a year ago. Though down $76,600 from a year ago, the decline was less severe than the 12 percent drop seen in September and the 18 percent drop recorded in July.

Monett continued to have the worst showing for any town collecting sales tax. The two taxes collected for the general fund took in $16,343.76 less than last October. In September, however, the drop was $18,771.05 compared to a year ago.

For 2009, Monett's general fund income from sales tax is down by almost $120,600. Monett's total sales tax income for 2009 is down by $323,242.74 or 12 percent for the year to date.

All six cities collecting sales tax in Lawrence County saw declines in income in October. Of the seven cities collecting sales tax in Barry County, only Wheaton and Seligman showed gains over last October.

Lawrence County cities received 14 percent less sales tax income in October than a year ago, an improvement over the 15 percent drop in September and the 20 percent drop in July.

Barry County cities had 6 percent less sales tax income in October, compared to a 9 percent drop in September and 16 percent in July.



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