For Immediate Release
January sales tax revenue up
The City of Springfield's January one-percent general sales tax check from the Missouri Department of Revenue is up 2.81% compared to the month of January 2013.
The sales tax check for January 2014 was $3,014,233 compared to the January 2012 check of $2,931,724. These figures represent sales processed by the state in December from transactions made primarily in October and November. Year-to-date sales tax revenues are up 3.34% compared with this time last year. Year-to-date sales tax revenues are currently $22,708,769 compared to $21,974,035 this time last year.?
Compared to Budget
When comparing the monthly sales tax revenue to budget, on a year-to-date basis, we are slightly below budget by 1.6%. The actual sales tax revenue is $22,708,769 and budget was $23,076,557.
For more information, contact: Finance Director Mary Mannix Decker, (417) 864-1625.