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Sales tax payments rebound in June

Monday, July 2, 2012

After two months of weaker sales tax disbursements, payments in June rebounded in a big way, pushing almost all the recipients to higher totals than the first half of 2011.

Monett's four sales taxes saw an increase of more than 30 percent from last June. The two taxes for the general fund generated $194,949.67, up $47,448.92 from a year ago. The total was the largest received in June since 2007. The city's four taxes brought in $82,279.22 more than a year ago.

With lower receipts in two of the last three months, Monett's general fund taxes have produced nearly 3 percent less for the first quarter of the new fiscal year. For the first half of 2012, the total of Monett's four taxes is nearly $42,000 less than a year ago.

Pierce City showed a more typical pattern for the area. Pierce City's two general fund taxes brought in $12,787.99, up $751.78 from a year ago and the best showing for any of the taxes since 2008. The city's five taxes produced $1,574.60 more than a year ago.

For the first half of 2012, Pierce City's tax receipts were up by 5 percent, compared to last year's pace.

Purdy's one-cent sales tax for general expenses yielded $6,588.95, a record for the month. Purdy's three taxes generated $2,327.81 more than last June, up 21 percent.

June closed Purdy's fiscal year with a general fund total of $61,136.95, an increase of 6 percent from the preceding year. For the first half of 2012, Purdy's general fund receipts have risen by nearly 6 percent.

Verona's one-cent tax for general expenses produced $2,590.74 in June, down $330.17 from a year ago. Verona's three taxes produced $661.11 less than last June, the second consecutive month of declines. For the first half of 2012, Verona's sales tax income is down by 17 percent.

Total sales tax to bi-county governments in June, not counting the Barry County 911 tax, was $1,806,110.45 up 18 percent from last June. The total was the highest in five years. Factoring out newer taxes, the June sum falls 10 percent below the record for the month set in 2006.

The six Lawrence County cities collecting sales tax received $443,203.39, up 11 percent from a year ago, with only Verona failing to top last June's total. Aurora's general fund generated $112,052.87, up 2 percent. Mt. Vernon received $62,725.85 for its general fund, up 24 percent.

For the first half of 2012, Aurora's sales tax income for the general fund rose by 1.5 percent, Marionville was up 11 percent and Miller was up by 17.5 percent.

The seven Barry County cities generating sales tax received $564,885.60, up 28 percent from last June. Only Exeter failed to top last June's total. Cassville's one-cent general fund tax yielded $83,712.17, up 17 percent. Receipts from Seligman's one-cent general fund tax rose by 67 percent.

For the first half of 2012, revenues for Cassville's general fund increased by 8 percent, Seligman is up 13 percent and Washburn is up 3 percent. Exeter is down 1 percent and Wheaton is down 2 percent.

Lawrence County's three half-cent taxes each produced about $12,000 more than last June, up nearly 10 percent. Revenue from each of the taxes is up by 5 percent for the first half of 2012.

Barry County's two half-cent sales taxes generated $37,000 more than a year ago, an increase of nearly 24 percent. For the first half of 2012, receipts for each tax is up nearly 5 percent.

The quarter-cent tax collected for Barry County's 911 service produced $96,814.85 in June, up 24 percent. The 2012 total has risen by 2 percent over last year's pace.



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