BC sales tax revenue takes a slight dip

Baxter County's sales tax revenue took a slight dip in the latest collection reports. The January sales tax collection reports reflect dollars generated in November.

Baxter County Treasurer Jenay Mize says the decrease is less than $1,000 compared to receipts for the same period in 2017.


right-click to download mp3

While January marked the beginning of collections for an ongoing one-quarter percent sales tax earmarked for continued operating expenses for the Baxter County Detention Center, those dollars will first be reflected in the March reporting period.

At Mountain Home City Hall, Treasure Rita Murray says the city's sales taxes received from the county were down 0.09 percent from the same period in 2017, with collections at $174,994.

The city's sales tax was up 16.7 percent, with revenue standing at $170,993. That figure represents an increase of $24,479 from the prior year. However, Murray says when comparing the numbers a reminder that the Arkansas Department of Finance and Administration was withholding funds for a tax overpayment in November 2017.

In addition, the new public safety tax generated over $150,120 in the month of November. Comparisons are not yet available year-to-year since collections for the new tax did not begin until March 2018.

The county sales tax is divided among the county and the eight municipalities. In addition to Mountain Home, Gassville received $29,212, Cotter had $13,636, Lakeview took in $10,417, Norfork with $7,183, Salesville had $6,326, Briarcliff with $3,317 and Big Flat with $1,462.

WebReadyTM Powered by WireReady® NSI