For Immediate Release
September Sales Tax Check Up 21.5 Percent
The City of Springfield's September 2011 one percent sales tax check from the Missouri Department of Revenue is up 21.48 percent compared to September of last year. Revenue collected totaled $4,759,941 compared to $3,918,371 in September 2010.
This month's check is a larger dollar amount because of the monthly and quarterly timeframes in which various types of businesses are required to pay taxes. It is the largest single monthly dollar amount received by the City since September 2007.
Year-to-date, sales tax revenue for Fiscal Year 2011 is 11.85 percent above the previous year. Year-to-date collections total $10,562,694 compared to $9,443,452 last year — a difference of about $1.12 million.
For more information, contact: Finance Director Mary Mannix Decker, (417) 864-1625.