Jonesboro, Craighead County sales tax growth continues to see positive results

Jonesboro, Craighead County sales tax growth continues to see positive results
The sales tax growth in Jonesboro and Craighead County continued to see positive results in August 2019.

JONESBORO, Ark. (KAIT) -The sales tax for both Jonesboro and Craighead County scaled upwards during August.

According to a report from content partner Talk Business & Politics, the city of Jonesboro topped $1.58 million in sales and use tax, a 1% increase from Aug. 2018.

So far, Jonesboro has collected $12.685 million in sales and use tax in 2019, a 4.85% ($587,326) increase from 2018, which was the record-setting year for the city.

The only negative metric came from a comparison to the budget, with collections down $12,578 compared to what the city budgeted for August.

After a down July, Craighead County finished August with $1.772 million in sales and use tax, a 1% increase from Aug. 2018.

For 2019, the county is up 7% as compared to the first eight months in 2018.

Several theories have emerged to attribute Joneboro’s growth, from diverse agriculture, food processing, health/medical services, Arkansas State University, and other professional services.

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