Sales tax income slides in January
Cold weather may have made worse showing in seven years
Cold weather may have contributed to lower sales tax revenues distributed to bi-county cities and counties in January. Sales tax income dropped 14 percent from a year ago, producing the lowest January receipts since 2007.
Receipts from Monett's four sales taxes dropped by 15 percent from a year ago. The two taxes for the general fund produced $113,906.70, down $20,244.18 from last January. The 10-month total for the general fund is down nearly $150,000 or 10 percent from last year's pace.
Pierce City's five sales taxes brought in $6,216.24 or 40 percent less than a year ago. The seven-eighths sales tax for the general fund hasn't produced a lower January total since 1995.
The two general taxes generated $4,662.97, a drop of $3,256.35 from a year ago. Nine months into the current fiscal year, the general fund taxes have yielded $74,189.01, up almost $2,000 from last year's pace.
The three sales taxes collected in Purdy dropped $5,203.62 or 62 percent from last January. Purdy's one-cent tax for general bills produced $1,579.22, down $2,602.04 from a year ago, the lowest January total for the tax since the 1980s. The seven-month fiscal year total for Purdy's general fund sales tax is down nearly $2,300 or 7 percent from last year's pace.
Verona was one of only three towns whose sales taxes topped last January's amounts. Receipts from the city's three taxes were up by more than $600 or more than 11 percent. The $2,918.07 received for the general fund was the largest January total on record, and boosted the 10-month fiscal year total to 14 percent better than last year's pace. The total was still 12 percent under the 2012 total.
Total sales tax coming into the bi-county area was $1,147,821.76, not counting the Barry County 911 tax. Compared to the same taxes collected last year, the amount reflected a drop of 14 percent.
The seven Barry County cities collecting sales tax received $349,253.31. Not counting the new tax for street maintenance in Wheaton, the total was down 13 percent. Only Seligman and Exeter received higher sums than last January. Cassville's three taxes generated $16,302.39 less than a year ago, a drop of 12 percent.
The six Lawrence County cities with sales taxes generated $257,473.13, a drop of 20 percent. Receipts from the three taxes in Aurora dropped by more than $22,400.
Barry County's two half-cent county-wide taxes each generated more than $130,579, a drop of more than $13,000.
Lawrence County's three half-cent taxes each produced more than $82.000, a drop of $51.740.22, an 18 percent drop.
Barry County's 911 sales tax yielded $97,775.50, a drop of $5,100 despite the tax increase.