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  • KNWA & FOX24 - Northwest Arkansas & River Valley News

    Sales tax revenue drops for Northwest Arkansas cities

    By Justin Trobaugh,

    2024-05-23

    https://img.particlenews.com/image.php?url=1UX3oo_0tJnoJen00

    FAYETTEVILLE, Ark. (KNWA/KFTA) — The four largest cities in Northwest Arkansas saw a cumulative drop in tax revenue from one year ago.

    According to Talk Business and Polictics, The May report for Fayetteville, Springdale, Rogers and Bentonville showed a combined $9.614 million, down 0.51% from the previous year.

    Springdale had the best results in the May report with $2.104 million in revenue, up 4.84% from the previous year.

    Arkansas lawmakers plan to hold special session in June

    Rogers was the only other city in the group to post positive results. The report showed the city had $2.469 million, up 1.9%.

    Bentonville’s revenue was $2.356 million, down 7.24% from the previous year.

    Fayetteville reported a sales tax revenue of $2.684 million, down 0.31% from the previous year.

    A more detailed breakdown can be found on Talk Busines and Politics .

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to KNWA FOX24.

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    Comments / 3
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    Bill Brumley
    05-24
    hmm cut your budget to match
    Angela Herford
    05-24
    no tax drop, too high taxes that they keep raising, and people are driving across the State line to save money! This would change if they did not attempt to f.ck us over with raising taxes on US, instead of budgeting properly and using the lower taxes that were in the budget! All BS!
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