Springfield, MO

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February sales tax check well ahead of city’s projection

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The city of Springfield’s February sales tax check from the Missouri Department of Revenue was 19 percent ahead of the forecast.

This month’s check came to $3.7 million, compared with a $3.1 million projection by city officials. The total also is about 20 percent higher than the same month a year earlier. The check represents sales processed by the state in January from transactions made mostly in the key retail holiday month of December, according to a news release.

The latest tax issuance brought the city’s year-to-date figure through February to $30.1 million. That’s 1 percent above where officials expected the total to be seven months into fiscal 2018.

“We are now seeing small growth in sales tax above our budgeted sales tax for the year, which is a positive sign for the economy and the city,” Springfield Finance Director David Holtmann said in the release.

Springfield uses the sales tax checks from the Department of Revenue on services such as the Police and Fire departments. Roughly 56 percent of the city’s general fund comes from sales and use taxes.


2 comments on this story |
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Gregory Linn

As an Old Revenuer for the now defunct Sales Tax Compliance Bureau, allow me to ask you one question. Where does your money go, and who lets you get it back?

Friday, February 16
Gregory Linn

Oops, did I forget to mention Amazon has decided to collect Springfield and Greene County Use Tax on your purchases? That'll make a dent in the increase. Did you know our Missouri Lesislature secured those funds by exempting delivery charges? Yep, it's true. Buy at the local retailer at higher price and keep on buying from out-of-state for less. Ain't that the miserly way?

Friday, February 16
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