Liquor tax revenues up in June but down for the year - KAIT Jonesboro, AR - Region 8 News, weather, sports

Liquor tax revenues up in June but down for the year

 JONESBORO, AR (KAIT) – Jonesboro alcohol sales tax revenues were up in June compared to last year, but the year-to-date total is down nearly 10 percent.

Those seeing the biggest gains in June, according to the monthly report from the city accountant’s office, were Cregeen’s, Omar’s Uptown, and Ridgepointe Country Club.

Cregeen’s reported $2,400 in tax revenues, up 31.94 percent from its June 2013 collection. Omar’s Uptown collected 41.84 percent more in taxes, reporting $1,617 this year compared to $1,140 last year. Ridgepointe’s tax collections were up 251.79 percent from $446 in 2013 to $1,569 last month.

Buffalo Wild Wings reported the most revenue in June, collecting $4,447.82. Since its opening in March, the restaurant has collected $12,046.30 in tax revenue.

Those private clubs reporting significant decreases were Brickhouse, Electric Cowboy and Godsey’s Grill.

Brickhouse reported 38.36 percent less tax revenue, from $3024 reported last June to $1,864 this year. Electric Cowboy saw its revenue collections fall 29.89 percent from $4,200.38 in June 2013 to $2,944.83 this June. Godsey’s revenues fell 44.76 percent from $1,276.30 to $705.

While June’s collections were up 6.81 percent compared to the same period last year, the year-to-date totals have fallen 9.81 percent from $211,733.72 collected by this time in 2013 to $190,969.55 this year.

Private clubs reporting the largest year-to-date increases were Ridgepointe Country Club, up 109.98 percent; and Chili’s, up 49.23 percent. Those with greatest losses were The Office, down 40.08 percent; Brickhouse, down 60.07 percent; and En’Vision, down 82.71 percent.

Click here to see the complete list of collections.

Copyright 2014 KAIT. All rights reserved.

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