Siloam Springs sales tax receipts were up for the fourth month in a row in January.
Sales tax receipts were up $4,667 from $619,626 in January of 2017 to $624,293 in January of 2018, according to the February issue of City & Town magazine.
County sales tax receipts were up $197,675 from $251,732 in January of 2017 to $449,406 in January of 2018, the magazine states.
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:
• Eureka Springs, up $1,738 to $197,863
• Fayetteville, up $102,178 to $3.56 million
• Rogers, up $29,657 to $3.05 million
Cities that saw a decrease in city sales tax receipts were:
• Bentonville, down $215,469 to $1.55 million
• Gentry, down $7,772 to $50,128
• Lincoln, down $590 to $39,083
• Springdale, down $83,442 to $2.27 million.
General News on 02/21/2018
Print Headline: City sales tax receipts up in January