The parade of head-turning sales tax reports continued in July, with Baxter County reporting its second-best month of all time and the City of Mountain Home filing its third-best monthly report ever.
Sales tax collections for both the city and county have been up all year in 2021, but those numbers have boomed over the past three months. Both the city and the county’s best three months for sales tax have come in the months of May, June and July.
Baxter County collected a total of $786,347 from its 1% sales tax for the month of July, keeping 58% percent of that revenue and distributing the rest among the county’s nine cities based on their population.
According to figures released by County Treasurer Jenay Mize, Baxter County’s portion of that sales tax was $454,139. That is an 8.5% increase of $35,613 in sales tax revenue compared to the July 2020 collection of $418,526.
Baxter County’s July 2021 sales tax collection is the second-highest all time for the county, eclipsed only by the May 2021 report. In that month, the county collected $837,987 in total, keeping $483,962 for itself and distributing the rest to the county’s cities.
Mize talks about July’s sales tax report and what could be helping to keep the monthly numbers on such a positive trend.
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Mountain Home Treasurer Marshella Norell reports that the city collected $535,507 in July revenue from its own 1% sales tax. That is a 9.1% increase of $44,779 from its July 2020 sales tax collection of $490,728.
Mountain Home’s July 2021 report was its third best all time. It collected $574,012 from its 1% sales tax in May and $548,227 in June.
Sales tax reports are released by the state Department of Finance and Administration two months after the taxes are collected by area businesses. July’s numbers reflect area spending from May.
Mountain Home also received $235,792 in July revenue from the county’s 1% sales tax. Other Baxter County cities receiving revenue from the county’s sales tax include:
– Gassville, which received $39,362;
– Cotter, which received $18,374;
– Lakeview, which received $14,036;
– Norfork, which received $9,680;
– Salesville, which received $8,524;
– Briarcliff, which received $4,470; and
– Big Flat, which received $1,970.
Mountain Home’s 2021 sales tax revenues have bested last year’s numbers every month this year. Over the first seven months of the year, Mountain Home has collected $3.5 million from its 1% sales tax, an increase of 13.2% percent compared to the same time last year.
Baxter County’s 2021 sales tax revenues have likewise bested last year’s numbers every month this year. For the year, the county’s portion of its 1% percent sales tax total $2.9 million, an increase of 12.7% compared to last year’s figures.
Mize talks about how she sees the rest of the year going.
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Baxter County received $196,500 in July revenue from its 0.25% sales tax for maintenance and operation of the Baxter County Detention Center. For the year, it has received $1.26 million from that sales tax, an increase of 34.6% compared to this time last year.
Mountain Home received $200,100 in July from its 0.375% sales tax to support its police and fire departments. Year to date it has received $1.3 million from that sales tax, an increase of 13.32% over 2020’s numbers.
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