Jonesboro sees boost in sales tax revenues

Jonesboro sees boost in sales tax revenues

JONESBORO, AR (KAIT) - The temperatures are starting to inch up and it appears the sales tax revenues for the city of Jonesboro have done so as well.

According to the monthly sales tax report for the city, the city's one-cent sales tax brought in $1,332,508 during the month of March. That number is up 7.7%, compared to the same time in 2016.

The city saw a 1.3% drop during February after a 6.9% increase in January. Typically, city and county sales tax numbers are based on sales that happen two months earlier (the report in March is based on sales in January).

However, when you look at the amount collected by the city and county's one-cent sales tax combined in Jonesboro, the number grew exponentially. The combined tax brought in $2.8 million in March, up $634,370, or 28.94%, compared to the same time in 2016.

Also, the county's sales tax collection in Jonesboro was up 56.44% and brought in $1.493 million in March.

As for a reason for the increase, Jonesboro City Communications Director Bill Campbell said while city officials did not have the numbers broken down by sector (food, clothing) to provide specifics on why an increase happened, officials anticipated more activity in January right after the holidays.

"We didn't have any major events in January in the city," Campbell told Region 8 News.

Meanwhile, in a statement, Mayor Harold Perrin said the increase exceeded what was expected.

"The numbers are positive, are reflective of what we'd hoped for; and above what we'd budgeted for. I think it was some carryover from the Christmas holidays and having a light winter might have had something to do with it," Perrin said in the statement.

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