[Monett Times] Overcast ~ 32°F  
Winter Weather Advisory
Thursday, Dec. 18, 2014

Sales tax receipts drop significantly in June

Friday, June 1, 2012

For the third time in five months, sales tax payments to bi-county cities and counties have fallen below 2011 levels. Disbursements in May dropped 20 percent from a year ago. Only two out of 13 towns received more revenue than in last May.

Receipts from Monett's four sales taxes were down by 30 percent from a year ago. Monett's four taxes produced $68,947.19 less a year ago, the smallest amount received in May since 2007. For the first five months of 2012, Monett's sales tax income is down by 7 percent.

Income from Pierce City's six sales taxes fell by 16 percent, bringing in $1,371.13 less than a year ago. With stronger showings earlier this year, the 2012 total for Pierce City's taxes are ahead of last year's pace by nearly 5 percent.

Purdy's three sales taxes produced 33 percent less than a year ago. Receipts for the general fund were at the lowest level since 2007. The total from Purdy's three taxes was down $3,122.06 from a year ago. The 11-month fiscal year total was nonetheless over $2,200 better than last year's pace. The 2012 total is almost $3,000 higher than the first five months of 2011.

Receipts from Verona's three sales taxes were down 44 percent or $3,553.45 from last May. The one-cent tax funding general expenses brought in the smallest amount since 2004. The 2012 total is still $1,200 higher than last year's pace.

Total sales tax coming into Barry and Lawrence counties in May, not counting the tax for Barry County's 911 system, was $868,048.16. It was the smallest amount received in May since 2007.

The seven Barry County cities collecting sales tax received $281,683.51, down 24 percent from a year ago. Only Cassville and Exeter bested last May's totals. Cassville's total was up by $1,534.93 from a year ago. In contrast, totals for Seligman and Wheaton were both down by 80 percent.

The six Lawrence County cities with sales tax received $182,848.83, a drop of 15 percent from a year ago. Every Lawrence County city received less than last May. Aurora's three sales taxes produced $20,441.52 or 16 percent less than a year ago, the smallest showing since 2007. Mt. Vernon's three taxes generated $19,978.42 or 30 percent less.

Lawrence County's three half-cent sales taxes produced $39,510.54 or 17 percent less than a year ago. It was the lowest amount received in May since 2007. Each of the three taxes has generated $20,000 more in 2012 than in 2011.

Barry County's two half-cent sales taxes yielded $53,705.75 or 20 percent less than a year ago. The May total was the smallest since 2007 as well. The 2012 total for the two combined taxes of $1,340,197.10 is running ahead of last year's pace by nearly $1,000.

Receipts from Barry County's quarter-cent tax to fund the 911 system were down by 20 percent in May. The five-month 2012 total of $840,204.71 is less than $1,200 below last year's pace.



Respond to this story

Posting a comment requires free registration. If you already have an account on this site, enter your username and password below. Otherwise, click here to register.

Username:

Password:  (Forgot your password?)

Your comments:
Please be respectful of others and try to stay on topic.

© 2014 Monett Times, a division of Rust Publishing MOARCASS, L.L.C. All rights reserved.