City's May sales tax check down 16%
Wednesday, May 09, 2012 6:28 AM
Springfield's 1 percent sales tax check for May from the state government was $2.01 million, a 15.6 percent decrease compared to collections of $2.38 million in the same month of the prior fiscal year.
City of Springfield's fiscal 2012 sales tax revenues
- July: $3,913,656
- August: $1,889,097
- September: $4,759,941
- October: $3,224,305
- November: $2,148,656
- December: $3,946,727
- January: $3,278,410
- February: $2,571,348
- March: $3,593,694
- April: $3,727,786
- May: $2,011,629
- Total: $35,065,250
The latest check from the Missouri Department of Revenue pushes the city's year-to-date collections to $35.07 million, which is 6.9 percent above collections of $32.8 million by the same time in fiscal 2011, according to data provided by the city this morning.
The May sales tax check is the second-lowest received during fiscal 2012, with the smallest, $1.89 million, received in August. The largest check, $3.95 million, arrived in December. The city's fiscal year ends June 30.