Sales taxes continue rally in September
Receipts break 2-year dip for month, climbing 10 percent
After an unusually strong August showing, prospects for sales tax revenues in September were doubtful after receipts for what had been the biggest month of the year dropped in both 2016 and 2017.
However, the strong economy registered another surprise in a 10 percent jump in sale tax income to bi-county cities and counties this month, led by Monett.
Barry County’s seven cities collected $743,516.79. Factoring out the new Monett sales tax for the aquatic center, the same taxes collected a year ago brought in 4 percent more this September. Cassville, Seligman, Exeter and Wheaton all fell short of the mark from a year ago.
Barry County’s two .5 percent sales taxes for county operations and road maintenance each received more than $227,760 for the month, up 12 percent from last year’s pace. The 2018 sum for both taxes reflects a 5 percent gain over 2017.
A sales tax supporting Barry County’s 911 service received $170,733.43 for the month, a gain of more than $18,000. For the year, receipts for that tax are up by 4 percent.
Cassville’s 1 percent tax for general bills produced $101,021.17, down $711.09 from last September, putting the 2018 total down 1 percent from last year’s pace.
Washburn’s 1 percent tax took in $4,079.71, up $153.27 from last September. That put Washburn’s 2018 sum ahead of last year’s pace by 4 percent.
Seligman continued seeing big swings, either up or down, that started every other month in May. This time the city’s 1 percent general fund tax produced $7,235.41, down $2,966.77 or 29 percent. Seligman’s 2018 sum is nonetheless up by 30 percent over a year ago.
Wheaton’s 1 percent general fund tax received $3,768.62, down $3,369.67 or 47 percent from a year ago. Wheaton’s receipts for 2018 are still up by 15 percent for the year.
Exeter saw a minor drop in its 1 percent general fund tax, receiving $2,470, a drop of $140.17 from a year ago. For 2018 Exeter’s receipts are up by less than $200 or 1 percent.
Countywide taxes saw very strong gains for the month.
Purdy’s 1 percent sales tax for paying general bills also showed a gain for the second consecutive month, yielding $7,067.92, up $1,625.59 or 30 percent from a year ago. It was a September record for the nine years Purdy has had only one tax supporting in general fund. The sum pushed the three-month fiscal year total to $19,307.68, the second best on record, topped only by 2015.
For 2018, Purdy’s general fund tax has received $47,838.04, down $300 or almost 1 percent from last year’s pace.
After setting a new record in August, Monett’s two sales taxes totaling 1 percent for paying general bills nearly did it again, generating $204,383.80, second best only to 2015, up $19,973.06 or nearly 11 percent from a year ago. It was only the third time in the six months of the current fiscal year that Monett saw a gain. Yet the sum set a record, $1,041,587.08, ahead of 2014 by $23,000, only the second time topping $1 million by September.
Monett’s 2018 general fund sum of $1,524,350.33 is up 3 percent from last year’s pace.