Both Baxter County and the City of Mountain Home reported another month of positive sales tax numbers for July.
The county collected a total of $495,887 from its 1.25% sales tax for the month, keeping 56% of that revenue and distributing the rest among the county’s nine cities based on their population.
According to figures released by Chief Deputy Treasurer Patti Block, Baxter County’s portion was $268,253. That is a 13.7% increase of $32,461 in sales tax revenue compared to the July 2021 collection of $235,792.
Mountain Home Treasurer Alma Clark reports the city collected $573,707 in revenue from its own 2.13% sales tax. That is a 7% increase of $38,199 from its July 2021 sales tax collection of $535,507.
Sales tax reports are released by the state Department of Finance and Administration two months after the taxes are collected by area businesses. July’s numbers reflect area spending from May.
Mountain Home also received $268,253 in July revenue from the county’s 1.25% sales tax. Other Baxter County cities receiving revenue from the county’s sales tax include:
– Gassville, which received $45,409;
– Cotter, which received $18,532;
– Lakeview, which received $16,210;
– Salesville, which received $9,893;
– Norfork, which received $9,726;
– Briarcliff, which received $4,936; and
– Big Flat, which received $1,840.
Over the seven months of the year so far, Mountain Home has collected over $3.2 Million from its 2.13% sales tax.
Baxter County received $217,672 in revenue from its 0.25% sales tax for maintenance and operation of the Baxter County Detention Center. For the year, it has received over $1.4 million from that sales tax.
Mountain Home received $215,140 in July from its 0.375% sales tax to support its police and fire departments.
Mountain Home has collected $286,853 from the park improvement sales tax, which is $56,463 more than needed for Bond Payment of $230,390.
Park operation sales tax for may totals $143,426.
WebReadyTM Powered by WireReady® NSI