Sales taxes show sharp drops in March

Wednesday, April 5, 2017

All Barry County cities see drops in revenues

After two months of unexpectedly high totals, Barry County recipients of sales tax saw receipts dip sharply in March as businesses that pay quarterly logged in.

The results left about half the cities up marginally for the first quarter in 2017, while the others hung lower in the negative column.

The seven Barry County cities collecting sales tax received $540,519.90 for the month. Factoring out the old judicial sales tax and the new transportation sales tax in Monett, the sum represented a 12 percent drop in income from the same taxes collected a year ago. Every Barry County city saw a drop in income, though Wheaton showed variation in its two taxes.

Cassville's 1-percent sales tax for the general fund received $76,947.70 for the month, down $8,046.94 from a year ago. For the first quarter of 2017, Cassville has received $233,771.82, up 2 percent from a year ago.

Washburn's 1-percent tax for general bills produced $3,715.97, down $49.63. Revenues from all three taxes for the month were down marginally by $99.23. Revenue for the first quarter of 2017 totaled $6,914.86, a drop of 3 percent.

Wheaton's 1-percent tax produced $11,049.58 in March, up $64.23 from a year ago. Revenues from the city's half-cent tax dropped by $238.46, leaving an on-balance drop. For the first quarter of 2017, Wheaton's general fund sum of $17,071 is down by 7 percent, while income from the half-cent tax is down 11 percent.

Seligman's 1-percent sales tax yielded $7,760.33, down $1,713.03. For the first quarter of 2017, Seligman's general fund tax has produced $24,369.46, down 21 percent from a year ago.

In contrast, Exeter's 1-percent sales tax produced $2,619.98 in March, down $37.56 from a year ago. Receipts for the first quarter of 2017 of $5,999.07 represent a 14 percent boost over last year's pace.

March receipts in Purdy hit a four-year low. The city's 1-percent sales tax for general expenses produced $3,334.39, down $1,599.94 from last March. With receipts down six times in nine months, the fiscal year total of $41,887.23 is down 24 percent from a year ago.

The last three months have not been so bad for Purdy. The first quarter of 2017 ended with $15,020.82 in the general fund, up 2 percent over the start of 2016.

Sales tax in Monett dipped sharply. The two taxes making up 1 percent for the general fund generated $155,974, down $24,885.43, or 14 percent, from last year though the amount was up by more than $500 from two years ago. The total finished the 2016-2017 fiscal year at $1,937,722.87, an all-time high for the general fund, up $3,768.60 from last year and up nearly $2,000 from two years ago.

Despite the dip in March, Monett finished the first quarter of the 2017 calendar year with general fund income at $490,709.50, up 6 percent from a year ago.

Countywide taxes also showed drops for the month and gains for the quarter.

Barry County's two half-percent taxes for general bills and road maintenance each produced more than $169,660, each receiving $15,337 less than last March. Both have received more than $508.364 in the first three months of 2017, a gain of 5 percent over a year ago.

The sales tax supporting Barry County's 911 system generated $127,212.17 in March, a drop of $11.457.17 from a year ago. For the first quarter of 2017, the tax has produced $381,188.29, up by more than $19,000, or 5 percent, from last year's pace.

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