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Tuesday, May 3, 2016

Sales tax generally lower in May

Friday, May 28, 2010

Sales tax receipts for bi-county cities and county governments seem to have fallen into a pattern of up one month and down the next. In May, revenue was generally lower, though not enough to erase gains recorded in April.

Total sales tax to the bi-county area, not counting Barry County's tax to run the 911 system, came to $971,068.60 in May, a drop of 5 percent from last May.

Monett proved to be an exception to the trend. Monett's two sales taxes supporting the general fund generated $114,194.13 in May, up $4,578.34 from a year ago. It was the third time in the last four months Monett's numbers have shown a gain. The two-month fiscal year total of $268,758.17 is the second best on record, lagging $30,000 behind the 2008 peak.

All Monett's sales taxes so far in 2010 total $1,163,315.13, which is down around $27,000 or just over 2 percent compared to the same period in 2009.

Pierce City's three taxes were nearly even with 2009 numbers. All three taxes were down by a combined total of $79.97. The general fund total for May was the second highest in the last five years. All three sales taxes combined are almost 8 percent lower than the start of 2009.

Purdy's two sales taxes performed similarly to Pierce City's. The combined total for both taxes was $355.41 less than last May but still the second best total on record for the month. Purdy's 2010 total is over $1,200 more or almost 3 percent higher than the first part of 2009.

Sales tax receipts in Verona continue to lag at a higher pace. The tax for the general fund brought in $828.24 for the month, a drop of almost 20 percent from last May. Verona's three taxes have produced 26 percent less revenue than the first part of 2009.

The seven Barry County cities collecting sales tax produced $329,918.24 in revenue for May, a drop of 4 percent from a year ago. Only Washburn and Wheaton joined Monett in surpassing last May's numbers, and the combined totals in both towns were better by less than $200. Cassville had the worst showing for the month, receiving $19,189.68 less from its three taxes.

The six Lawrence County cities generating sales tax income generated $206,818.10 for May, a drop of 5 percent from a year ago. Miller and Marionville were the only two to best last May's numbers. Aurora's tax revenue dropped $7,977.16 under the sum from a year ago.

Both counties showed revenue declines on county-wide sales taxes. Barry County's two taxes were down $7,685.40 from last May. Lawrence County's three taxes were down by $14,259.66.

Barry County's tax to run the 911 service yielded $56,334.45 in May, a drop of less than $2,000 from a year ago. Total revenue from the tax is down 6 percent for the year.



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