FOR IMMEDIATE RELEASE The City of Springfield's February one-percent general sales tax check from the Missouri Department of Revenue is down 5.7% compared to what was budgeted. The check reflects sales processed by the state in January from transactions made primarily in November and December. The sales tax check was $2,904,303, compared to the budget amount of $3,071,692. On a year-to-date basis, sales tax revenue is $28,114,772. This is 5.8%, or $1,533,701 above budget. When comparing to the same month last year, February 2015 receipts were $168,313, or 5.48% lower than February 2014. On a year-to-date basis, the sales tax revenue is 9.05%, or $2,333,389 higher than last year. The City heavily relies on sales tax revenues as its main source of revenue to fund vital services, such as police and fire operations. In Springfield, approximately 60% of revenue in the General Fund comes from sales tax and use tax. # # # For more information, please contact Finance Director Mary Mannix Decker at 417-864-1625..
