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Sales tax shows gains in Nov.

Friday, November 25, 2011

Sales tax revenue rose in the bi-county area in November for the fourth time in five months, compared to a year ago. Lawrence County cities saw the biggest rebound.

Monett saw gains for the fifth month in a row. Monett's two taxes for the general fund received $106,472.69, up $2,231.45 from last November. Monett's four taxes had a gain of almost $4,000 over a year ago.

Monett's eight-month fiscal year total for the general fund is up by nearly $89,800 or 8 percent from last year. The 2011 total is up by 5 percent.

Pierce City sales taxes followed the general upward trend in a big way. Receipts from the same taxes collected last year more than doubled, rising from $5,470.19 to $11,093.84. The general fund, having collected two taxes since last November, has received $56,558.19 in the seven-month fiscal year, $20,000 ahead of last year's pace. The general fund total for 2011 is now at $90,295.16, up 57 percent from a year ago.

Purdy's one-cent sales tax for general expenses generated $4,224.80, up $383.08 from last November. The total was within $200 of pre-downturn peaks hit in 2007 and 2008. The five-month fiscal year total is nearly $1,300 higher than a year ago. Purdy's combined three taxes have produced $108,232.13 in 2011, up 4 percent over last year's pace.

Verona's one-cent sales tax yielded $1,898.11, the best November since 2008 and up $894 from a year ago. It was the second month in a row for gains at Verona and the third time in six months. Verona's eight-month fiscal year total of $21,968.74 for the general fund is the best showing since 2008. The 2011 sum is up by 13 percent over last year.

Total sales tax coming into the bi-county area, not counting the Barry County 911 tax, was $1,019,896.23. The same taxes collected last year produced 1 percent or $128,379.99 more than a year ago, the best November since 2008.

The six Lawrence County cities collecting sales tax saw revenues rise by 34 percent over a year ago with gains in every town. Aurora's three taxes generated $25,431 more than last November. Mt. Vernon's three taxes received $8,708.78 more than a year ago. Receipts in Miller quadrupled from last November, up by $6,281.40.

The seven Barry County cities had gains of 10 percent when comparing the same taxes collected a year ago. Cassville's three taxes generated $7,344.21 more than last November.

Seligman, Washburn and Wheaton failed to top last November's numbers. Funds for Seligman dropped by more than half, down by $7,17978 from the three taxes collected last year.

Both counties received significantly more revenue from county-wide taxes.

The three half-cent sales collected in Lawrence County each generated over $16,600 more than a year ago for the best November on record. Receipts for each of the taxes are up for the year by almost 6 percent.

Barry County's two half-cent sales taxes each produced almost $9,500 more than a year ago. Receipts were double the amount received in 2007, as the economic downtown was settling in, but still below the 2008 and 2009 totals. The 2011 total has topped last year's pace by almost 3 percent.

The Barry County 911 system received $59,678.86 from its quarter-cent sales tax in November, a gain of almost $5,000 from a year ago. Revenues are up by over $22,000 or almost 3 percent for 2011.

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