Siloam Springs sales tax receipts were up $14,547 in April compared to the same month last year.
Sales tax receipts were $600,746 in April 2017, compared to $586,199 in April 2016, according to the May issue of City & Town Magazine.
The April issue of City & Town Magazine incorrectly reported the sales tax receipts for March 2017, comparing the March 2017 tax receipts to February 2016 receipts, according to a correction printed in the May issue of the magazine.
As a result, the original report showed that both Siloam Springs’ city and county sales taxes were down, when in fact city sales receipts were up $92,248 to $592,473, and county sales tax receipts were up $33,253 to $238,754.
Because of the mistake, the sales tax receipts for other local cities also appeared to be down when in many cases they were actually up. To see correct comparison numbers for March for other local cities, visit www.arml.org/servic… and click on the April City & Town issue.
County sales tax receipts were up $995, from $243,586 in April 2016 to $244,563 in April 2017.
The city's sales tax receipts come from its 2 percent sales tax. The total sales tax rate in Siloam Springs is 9.5 percent.
City sales tax receipts are used for utility infrastructure, repayment of wastewater treatment plant bonds, the city's general fund, public safety and the street department.
A share of county sales tax receipts pays on two water utility infrastructure bonds.
Other cities that saw an increase in city sales tax receipts were:
• Gentry, up $1,877 to $$45,471
• Lincoln, up $4,332 to $44,628
• Rogers, up $107,328 to $2.86 million.
Cities that saw a decrease in city sales tax receipts were:
• Bentonville, down $123,922 to $1.87 million
• Eureka Springs, down $5,414 to $146,218
• Fayetteville, down $122,495 to $3.26 million
• Springdale, down $83,809 to $2.16 million.
General News on 05/28/2017