[Monett Times] Fair ~ 50°F  
High: 64°F ~ Low: 41°F
Sunday, May 1, 2016

October sales tax totals mixed

Thursday, November 3, 2011

Sales tax revenues received in October marked a slight decline over a year ago, especially at the county level, while most of the cities, including Monett, registered modest gains over a year ago.

Monett's two sales taxes for general expenses generated $132,312.48 for the month, up $596.69 from last October. It was the fourth consecutive monthly gain, or the sixth time in seven months revenues have risen. The city's other taxes showed similar gains.

After seven months, Monett's fiscal year total is up to $1,099,89.67, the highest in three years and only $5,000 below the 2007 total, the second best on record below the 2008 peak. The 2011 total is up more than 5 percent over 2010.

Like Monett, Purdy showed a marginal gain in its one-cent tax for general expenses. Purdy's tax produced $4,795.42 for the month, up $458.43 from a year ago and the best October performance since 2006. The four-month fiscal year total for the general fund is $845.38 better than last year's pace, and the 2011 sum is almost 4 percent ahead of 2010.

Pierce City's collections were down slightly compared to last October. Each of the two quarter-cent taxes dropped by $474, down 15 percent. The general fund, boosted by the second half-cent tax, yielded $7,558.06 for the month, reflecting a gain of $1,897.73 over the single tax collected a year ago.

So far in 2011, collections from Pierce City's old taxes are down by 4 percent. With the new tax, general fund collections hit $82,500.30, up half again over last year's pace. The new taxes for the fire department and the parks each brought in almost $1,364 in October. Each of the new taxes has produced almost $14,800 in 2011.

Verona also saw a modest gain. The city's one-cent tax for the general fund brought in $2,248.05, up $284.57 over last October, breaking a drop in the previous two months. Verona's general fund, after seven months in the fiscal year, is at $20,070.63, the best showing in three years and still almost $800 below the 2008 sum. The 2011 total is up by nearly 10 percent over last year's pace.

October bi-county sales tax, not counting the Barry County 911 tax, totaled $1,327,492.89. Comparing the same taxes collected a year ago, the sum reflected a 4 percent drop.

The seven Barry County cities received $403,556.12. Comparing the same taxes collected a year ago, the total was up by 2 percent, with only Exeter seeing a decline. Cassville's three taxes brought in $1,028 more than a year ago, and Washburn's three taxes yielded $1,039.57 more.

The six Lawrence County cities generating sales tax received $321,746.99, a drop of 4 percent comparing the same taxes collected in 2010. Collections from Aurora's three taxes decreased by $12,244.82, and Marionville's five taxes dipped by $3,225.34. Mt. Vernon showed a gain of $5,123.23 from its three taxes.

County half-cent collections were sharply lower. Each of Lawrence County's three taxes dropped by over $8,100. Barry County's two taxes were both down by almost $10,000.

The quarter-cent tax collected for 911 service in Barry County took in $73,766.68 in October, down $5,011.78. For 2011, collections for 911 are up by over 2 percent.

Respond to this story

Posting a comment requires free registration:

© 2016 Monett Times, a division of Rust Publishing MOARCASS, L.L.C. All rights reserved.