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Sales tax totals show economy is improving

Monday, November 30, 2009

Sales tax receipts to bi-county governments in November showed a number of signs of an improving economy. Though receipts were generally lower than a year ago, the difference with last November was slight compared to most months this year.

Monett's sales tax surpassed what was received a year ago for the first time since February. The two taxes paying into the city's general fund generated $109,323.54, up $1,250.77 from last November.

Monett's four sales taxes brought in a combined total of $190,101.12 for the month, an increase of $1,127.05 over a year ago. In 2009, the sales taxes brought in $168,630.60 or 10 percent less than in 2008.

Total sales tax coming into the bi-county area, not counting the Barry County 911 service tax, came to $1,001,093.71 in November, a drop of 3 percent from a year ago. Only twice since January has the overall sales tax total shown a more positive comparison with the previous year.

Three of the seven Barry County cities collecting sales tax got more than a year ago. Joining Monett were Exeter and Seligman. Washburn was down by less than $30.

The total for the Barry County cities was 2 percent lower than last November, compared to 6 percent less in October and 9 percent less in September.

All six Lawrence County cities received less sales tax than last November, though the drop for Miller's four taxes combined was less than $72.

The biggest drop for any city was over $6,100 in Marionville. The total for the Lawrence County cities was down by 5 percent from last November, compared to a drop of 14 percent in October and 15 percent in September.

On the county level, receipts for Barry County's general fund and road fund was down by $12,604.80 in November. That compared to a drop of over $23,000 in October and $50,000 in September.

The three sales taxes Lawrence County collects were $4,582 less than last November, compared to a drop of more than $52,800 in September and $67,000 in October.

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