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Sales tax receipts rebound in October

Monday, November 1, 2010

Sales tax revenues in the bi-county area rebounded in October after falling below 2009 numbers in September. All but three towns received higher income than a year ago.

Monett's sales tax income has been higher in four of the preceding six months and returned to that pattern in October. The city's two sales taxes for the general fund generated $131,715.79, up $11,123.35 over last October. The gain made up more than half the red ink from September.

Monett's other two taxes showed gains as well, leaving city revenues up nearly $20,000 above last October. Seven months into the current fiscal year, sales tax income is running nearly 3 percent better than a year ago. The 2010 total is only $10,000 below the 10-month 2009 total.

Other nearby towns did marginally better than last year. Purdy's general fund sales tax received $4,336.99, up $183.91 from last October. Purdy's three sales taxes added $370.50 more to the city coffers than a year ago. The 2010 general fund tally is running over $4,000 ahead of last year's pace.

Pierce City's general fund tax has topped 2009 in four of the last five months. The general fund receive $5,660.33, up $857.31 from last year. Pierce City's three sales taxes yielded $1,837.27 more in October than a year ago. The six-month fiscal year total inched ahead of last year's pace for the first time. The 2010 total is now only $1,500 below this time a year ago.

Verona's one-cent sales tax for general expenses produced $1,963.48, up $59.68 over last October. Verona's three sales taxes produced $119.40 more than a year ago. The seven-month fiscal year total is more than $300 ahead of last year's pace, though the 2010 tally lags behind the 2009 pace by over $3,000.

Total sales tax in the bi-county area, not counting the 911 sales tax in Barry County, totaled $1,234,968.95, up nearly 3 percent over last October.

Receipts for the seven Barry County cities getting sales tax income were up 3 percent from a year ago. Cassville, Wheaton and Seligman were the only three below last year's numbers. Cassville's three taxes were down by a total of $7,469, the biggest shortfall of the month.

The six Lawrence County cities with sales tax saw income rise by 8.5 percent. Every town saw a gain. Aurora's three taxes generated $28,281 more than last October, the biggest for any city.

Gains were also recorded by the county taxes. Barry County's two half-cent sales taxes received nearly $40,000 more than a year ago. For 2010, Barry County's general fund tax is ahead of last year's pace by $1,500.

Lawrence County's three half-cent sales taxes generated $67,262 more than last October. The tax that pays general expenses is behind last year's amount by less than $700.

Barry County's 911 tax yielded $78,776.46 in October, more than $10,000 ahead of last year. The 2010 total is running ahead of 2009 by 3 percent.



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